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
division-of-labor peaceful society
Every step by which an individual substitutes concerted action for isolated action results in an immediate and recognizable improvement in his conditions. The advantages derived from peaceful cooperation and division of labor are universal.
society scarcity natural
The member of a contractual society is free because he serves others only in serving himself. What restrains him is only the inevitable natural phenomenon of scarcity.
society analysis events
There is in the universe something for the description and analysis of which the natural sciences cannot contribute anything. There are events beyond the range of those events that the procedures of the natural sciences are fit to observe and describe. There is human action.
ego society individual
Society is only possible on these terms, that the individual finds therein a strengthening of his own ego and his own will.
society fields events
The methods of the natural sciences cannot be applied to human behavior because this behaviorlacks the peculiarity that characterizes events in the field of the natural sciences, viz., regularity.
society progress research
Scientific research sooner or later, but inevitably, encounters something ultimately given that it cannot trace back to something else of which it would appear as the regular or necessary derivative. Scientific progress consists in pushing further back this ultimately given.
society movement finals
The avowed aim of all utopian movements is to put an end to history and to establish a final and permanent calm.
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.