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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

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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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“The [liberals] consider profits as objectionable. The very existence of profits is in their eyes a proof that wage rates could be raised without harm to anybody. They speak of profit without dealing with loss. Profit and loss are the instruments by means of which the consumers keep a tight rein on all business activities. A profitable enterprise tends to expand; an unprofitable one tends to shrink. The elimination of profit renders production rigid and abolishes the consumer's control.”

MeanEyeSpeakLossExistenceActivityInstrumentsRaisedRateProfitProductionsHarmProofConsumersEnterpriseShrinksProfitableAbolishEliminationReinsProfit And Loss
Author:Ludwig von Mises
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“Because adoption meets the needs of children so successfully, and because there have long been waiting lists of couples hoping to adopt babies and children, it would seem that the solution for abused or neglected kids was obvious. But not to the do-gooders. To remove a child from an abusive parent, sever the parent's parental rights, and permit the child to be adopted by a couple who would give the child a loving home began to seem too 'judgmental.'”

NeedsGivingChildrenLongHomeSeemsKidsWaitingParentRightsBabyCoupleSolutionsObviousListsRemovePermitAdoptionAdoptedNeglectedJudgmentalParentalAbusiveLoving HomeParental Rights
Book:Do-Gooders: How Liberals Hurt Those They Claim to Help and the Rest of Us
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“I would like to suggest to you that the extent to which government in America has departed from the original design of in habiting the destructive actions of man and invoking a common justice; the extent to which government has invaded the productive and creative areas; the extent to which the government in this country has assumed the responsibility for the security, welfare, and prosperity of our people is a measure of the extent to which socialism has developed here in this land of ours.”

PeopleMenCountryGovernmentActionAmericaJusticeCommonResponsibilityCreativeLandSecurityDesignAreasOriginalsProsperitySocialismWelfareDestructiveProductiveDeparted
Author:Leonard Read
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