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 Ludwig von Mises Quotes
65 Famous Quotes by Ludwig von Mises
9/29/1881 - 10/10/1973
Also Known As:  
Ludwig Von Mises
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About Ludwig von Mises

...economic history is a long record of government policies that failed because they were designed with a bold disregard for the laws of economics.

Politics / government Quotes, by Ludwig von Mises

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Government and state can never be perfect because they owe their raison d'etre to the imperfection of man and can attain their end, the elimination of man's innate impulse to violence, only by recourse to violence, the very thing they are called upon to prevent.

Politics / government Quotes, by Ludwig von Mises

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Government is beating into submission, imprisoning, and killing...The authority of man-made law is entirely due to weapons of the constables who enforce obedience to its provisions.

Politics / government Quotes, by Ludwig von Mises

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For the sake of domestic peace, liberalism aims at democratic government. Democracy is therefore not a revolutionary institution. On the contrary it is the very means of preventing revolution and civil wars. It provides a method for the peaceful adjustment of government to the will of the majority.

Politics / government Quotes, by Ludwig von Mises

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The essence of democracy is not that everyone makes and administers laws but that lawgivers and rulers should be dependent on the people's will in such a way that they may be peaceably changed if conflict occurs.

Politics / government Quotes, by Ludwig von Mises

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If the small minority of enlightened citizens who are able to conceive sound principles of political management do not succeed in winning the support of their fellow citizens and converting them to the endorsement of policies that bring and preserve prosperity, the cause of mankind and civilization is hopeless. There is no other means to safeguard a propitious development of human affairs than to make the masses of inferior people adopt the ideas of the elite. This has to be achieved by convincing them. It cannot be accomplished by a despotic regime that instead of enlightening the masses beats them into submission. In the long run the ideas of the majority, however detrimental they may be, will carry on. The future of mankind depends on the ability of the elite to influence public opinion in the right direction.

Politics / government Quotes, by Ludwig von Mises

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To complain of lack of leadership is, in the field of political affairs, the characteristic attitude of all harbingers of dictatorship.

Politics / government Quotes, by Ludwig von Mises

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Against nature and within nature there is no freedom.

Politics / government Quotes, by Ludwig von Mises

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The first thing a genius needs is to breath free air.

Politics / government Quotes, by Ludwig von Mises

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...the only means to well-being is to increase the quantity of products. This is what business aims at.

Finance and economics Quotes, by Ludwig von Mises

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...it is solely bigness in business which makes it possible to supply the masses with all those products the present-day American common man does not want to do without. Luxury goods for the few can be produced in small shops. Luxury goods for the many require big business.

Finance and economics Quotes, by Ludwig von Mises

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The meaning of economic freedom is this: that the individual is in a position to choose the way in which he wants to integrate himself into the totality of society.

Finance and economics Quotes, by Ludwig von Mises

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Those fighting for free enterprise and free competition do not defend the interests of those rich today. They want a free hand left to unknown men who will be the entrepreneurs of tomorrow...

Finance and economics Quotes, by Ludwig von Mises

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Competition on the market aims at assigning to every individual that function in the social system in which he can render to all his fellow men the most valuable of the services he is able to perform.

Finance and economics Quotes, by Ludwig von Mises

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What matters is not the allocation of portions out of a fund presented to man by nature. The problem is rather to further those social institutions which enable people to continue and to enlarge the production of all those things which they need.

Finance and economics Quotes, by Ludwig von Mises

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Economics is a theoretical science and as such abstains from any judgement of value. It is not its task to tell people what ends they should aim at. It is a science of the means to be applied for attainment of ends chosen, not, to be sure, a science of the choosing of ends. Ultimate decisions, the valuations and the choosing of ends, are beyond the scope of any science. Science never tells a man how he should act; it merely shows how a man must act if he wants to attain definite ends.

Finance and economics Quotes, by Ludwig von Mises

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He who disdains the fall in infant mortality and the gradual disappearance of famines and plagues may cast the first stone upon the materialism of the economists.

Finance and economics Quotes, by Ludwig von Mises

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Value is not intrinsic; it is not in things. It is within us; it is the way in which man reacts to the conditions of his environment.

Finance and economics Quotes, by Ludwig von Mises

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Action based on reason, action therefore which is only to be understood by reason, knows only one end, the greatest pleasure of the acting individual.

Psychological subjects Quotes, by Ludwig von Mises

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Reason and action are congeneric and homogenous, two aspects of the same phenomenon.

Psychological subjects Quotes, by Ludwig von Mises

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It is impossible to describe any human action if one does not refer to the meaning the actor sees in the stimulus as well as in the end his response is aiming at.

Psychological subjects Quotes, by Ludwig von Mises

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Science does not give us absolute and final certainty. It only gives us assurance within the limits of our mental abilities and the prevailing state of scientific thought.

Psychological subjects Quotes, by Ludwig von Mises

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Society cannot contribute anything to the breeding and growing of ingenious men. A creative genius cannot be trained. There are no schools for creativeness. A genius is precisely a man who defies all schools and rules, who deviates from the traditional roads of routine and opens up new paths through land inaccessible before. A genius is always a teacher, never a pupil; he is always self-made.

Psychological subjects Quotes, by Ludwig von Mises

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Facts per se can neither prove nor refute anything. Everything is decided by the interpretation and explanation of the facts, by the ideas and the theories.

Psychological subjects Quotes, by Ludwig von Mises

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In the world of reality, life, and human action there is no such thing as interests independent of ideas, preceding them temporarily and logically. What a man considers his interest is the result of his ideas.

Psychological subjects Quotes, by Ludwig von Mises

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