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
historical-knowledge world want
Historical knowledge is indispensable for those who want to build a better world
art government world
How pale is the art of sorcerers, witches, and conjurors when compared with that of the government's Treasury Department!
world environment economic
There cannot be stable money within an environment dominated by ideologies hostile to the preservation of economic freedom.
industrialization world investment
The prerequisite for more economic equality in the world is industrialization. And this is possible only through increased capital investment, increased capital accumulation.
numbers people world
Capitalism gave the world what it needed, a higher standard of living for a steadily increasing number of people.
world purchasing-power increase
If you increase the quantity of money, you bring about the lowering of the purchasing power of the monetary unit.
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.
jobs government people
The interventionist policy (big government) provides thousands and thousands of people with safe, placid, and not too strenuous jobs at the expense of the rest of society.