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
socialism economy rational
Socialism is the renunciation of rational economy.
steps transformation socialism
Interventionism cannot be considered as an economic system destined to stay. It is a method for the transformation of capitalism into socialism by a series of successive steps.
steps socialism welfare
The Welfare State is merely a method for transforming the market economy step by step into socialism.
war liberty socialism
Aggressors cannot wage total war without introducing Socialism.
dark determined socialism
In the socialist commonwealth every economic change becomes an undertaking whose success can be neither appraised in advance nor later retrospectively determined. There is only groping in the dark. Socialism is the abolition of rational economy.
socialism midway capitalism-and-socialism
The system that would stand midway between capitalism and socialism.
realization lasts socialism
The middle-of-the-road policy is not an economic system that can last. It is a method for the realization of socialism by installments.
favors public-opinion socialism
The masses favor socialism because they trust the socialist propaganda of the intellectuals. The intellectuals, not the populace, are molding public opinion.
management socialism prove
Daily experience proves clearly to everybody but the most bigoted fanatics of socialism that governmental management is inefficient and wasteful.
father class socialism
Almost all the fathers of socialism were members of the upper middle class or of the professions.
firsts socialism mass
The first socialists were the intellectuals; they, and not the masses, are the backbone of Socialism.
expectations illusion socialism
What pushes the masses into the camp of socialism is, even more than the illusion that socialism will make them richer, the expectation that it will curb all those who are better than they themselves are.
government political socialism
Tyranny is the political corollary of socialism, as representative government is the political corollary of the market economy.
issues government socialism
The issue is always the same: the government or the market. There is no third solution.