Ludwig von Mises
Ludwig von Mises
Ludwig Heinrich Edler von Miseswas a theoretical Austrian School economist. He is best known for his work on praxeology, a study of human choice and action. Mises emigrated from Austria to the United States in 1940. Mises's writings have exerted significant influence on the libertarian movement in the United States since the mid-20th century...
NationalityAustrian
ProfessionEconomist
Date of Birth29 September 1881
CountryAustria
Ludwig von Mises quotes about
men average russia
Socialism in Russia has not brought about an improvement in the conditions of the average man which can be compared with the improvement of conditions, during the same period, in the United States.
hate men average
The masses do not like those who surpass them in any regard. The average man envies and hates those who are different.
average years today
Capitalism has improved the standard of living of the wage earners to an unprecedented extent. The average American family enjoys today amenities of which, only a hundred years ago, not even the richest nabobs dreamed.
average enjoy workers
The average American worker enjoys amenities for which Croesus, Crassus, the Medici, and Louis XIV would have envied him.
freedom average differences
...this remedy is the power of the citizens; they have to prevent the establishment of such an autocratic regime that arrogates to itself a higher wisdom than that of the average citizen. This is the fundamental difference between freedom and serfdom.
average years minorities
Used to the conditions of a capitalistic environment, the average American takes it for granted that every year business makes something new and better accessible to him. Looking backward upon the years of his own life, he realizes that many implements that were totally unknown in the days of his youth and many others which at that time could be enjoyed only by a small minority are now standard equipment of almost every household.
men average people
Capitalism is essentially a system of mass production for the satisfaction of the needs of the masses. It pours a horn of plenty upon the common man. It has raised the average standard of living to a height never dreamed of in earlier ages. It has made accessible to millions of people enjoyments which a few generations ago were only within the reach of a small élite.
religious believe logical-arguments
No one should expect that any logical argument or any experience could ever shake the almost religious fervor of those who believe in salvation through spending and credit expansion.
men way wealth
A wealthy man can preserve his wealth only by continuing to serve the consumers in the most efficient way.
income wealth enterprise
In capitalist enterprise there is no secure income and no security of wealth.
causes wealth mass
The wealth of the well-to-do of an industrial society is both the cause and effect of the masses' well-being.
school citizens incentives
The policies advocated by the welfare school remove the incentive to saving on the part of private citizens.
almsgiving
All almsgiving inevitably tends to pauperize the recipient.
people commodity lord
In the market economy the worker sells his services as other people sell their commodities. The employer is not the employee's lord. He is simply the buyer of services which he must purchase at their market price.