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Quote by Ludwig von Mises

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Socialism - An Economic and Sociological Analysis: The Economist

Socialism - An Economic and Sociological Analysis: The Economist is a comprehensive study that delves into the economic and sociological aspects of socialism. The text examines the theoretical underpinnings and practical applications of socialist systems, providing a detailed analysis from The Economist's viewpoint. more

Author

Ludwig von Mises
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

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“Reason's biological function is to preserve and promote life and to postpone its extinction as long as possible. Thinking and acting are not contrary to nature; they are, rather, the foremost features of man's nature. The most appropriate description of man as differentiated from nonhuman beings is: a being purposively struggling against the forces adverse to his life.”

ThinkingMenLongReasonForceActingStruggleFunctionContraryPreservesFeaturesAppropriateDescriptionExtinctionAdverse
Book:Human action: a treatise on economics
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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.”

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Book:Bureaucracy: The Economist
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“The prevailing legal and moral views of a time are held not only by those whom they benefit but by those, too, who appear to suffer from them. Their domination is expressed in that fact- that the people from whom they claim sacrifice accept them.”

PeopleFactsSufferingViewsAcceptingMoralSacrificeBenefitsClaimsDominationPrevailing
Book:Socialism - An Economic and Sociological Analysis: The Economist
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“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.”

HumansActionUniverseNaturalSocietyEventsFitRangeAnalysisDescriptionProceduresNatural ScienceHuman Actions
Book:The Ultimate Foundation of Economic Science: An Essay on Method
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