“Spontaneous actions of individuals, aiming at nothing else than at the improvement of their own state of satisfaction, undermined the prestige of the coercive status system step by step.”
Quote by Ludwig von Mises
Work
The Ultimate Foundation of Economic Science: An Essay on Method
The Ultimate Foundation of Economic Science is a comprehensive treatise that examines the core concepts and methodologies of economics. The author critically analyzes the historical development of economic thought and offers insights into the logical structure and empirical basis of economic theories. more
Author
Ludwig von Mises
Ludwig von Mises was a prominent economist, philosopher, and social theorist born on September 29, 1881, in Austria, and passed away on October 10, 1973. He is considered one of the most influential economists of the 20th century and a leading advocate for free-market economics. more
You May Also Like
“Salvation for a race, nation or class must come from within.”
Source: The Real Thomas Jefferson
“The future will belong to the nature-smart.”
Source: The Nature Principle: Reconnecting with Life in a Virtual Age
“Mastery comes via a monomaniacal focus on simplicity versus an addiction to complexity.”
“There is but one failure in life and that is the failure to try.”
Source: Daily Inspiration From The Monk Who Sold His Ferrari