Home / Quotes / Quote by Ludwig von Mises

Quote by Ludwig von Mises

“On the unhampered market there prevails an irresistible tendency to employ every factor of production for the best possible satisfaction of the most urgent needs of the consumers. If the government interfered with this process, it can only impair satisfaction; it can never improve it.”

Quote by Ludwig von Mises

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

“Whether it's called 'compassionate conservatism' or 'big government Republicanism,' after years of record increases in federal spending, more government is now the accepted Republican philosophy in Washington.”

Years Philosophy Bigs Government Records Republican Increase Spending Accepted Compassionate Conservatism Big Government Republicanism Federal Spending

Author:Mike Pence

“We have but to remember man's natural tendency to satisfy his desires with the minimum of effort to realize how political power will be utilized.”

Men Remember Political Desire Realizing Natural Effort Tendencies Minimum Political Power

Book:Fugitive essays: selected writings of Frank Chodorov

Source: Fugitive essays: selected writings of Frank Chodorov

“If you start from a belief that the most knowledgeable person on earth does not have even one percent of the total knowledge on earth, that shoots down social engineering, economic central planning, judicial activism, and innumerable other ambitious notions favored by the political left.”

“The more numerous public instrumentalities become, the more is there generated in citizens the notion that everything is to be done for them, and nothing by them. Every generation is made less familiar with the attainment of desired ends by individual actions or private agencies; until, eventually, governmental agencies come to be thought of as the only available agencies.”

Made Ends Done Action Individual Generations Citizens Notion Available Familiar Agency Attainment

Book:Spencer: Political Writings

Source: Spencer: Political Writings

“Society is best served when the means of production are in the possession of those who know how to use them best.”

Knows Mean Use Know How Productions Possession

Book:Socialism - An Economic and Sociological Analysis: The Economist

Source: Socialism - An Economic and Sociological Analysis: The Economist

“Governments institutionalize something for nothing.”

Author:James Cook

“The best reason to diminish social programs is not to put more money in people's pockets but to put more responsibility in people's pockets.”

People Reason Social Responsibility Program Pockets More Money Diminish Social Programs

Author:Mark Steyn

“It is always and everywhere the province of the central bank to monetize any spending, the government's or the private sector's, by printing enough money to pay for it in depreciated dollars.”

Enough Government Pay Dollars Spending Printing Private Sector Provinces Central Banks

Author:Caroline Baum

“The average American worker enjoys amenities for which Croesus, Crassus, the Medici, and Louis XIV would have envied him.”

Enjoy Workers Average Envied American Workers Amenities

Book:Human Action

Source: Human Action

“Consciousness is a phase of mental life which arises in connection with the formation of new habits. When habit is formed, consciousness only interferes to spoil our performance.”

Consciousness Habit Conscious Connections Performances Arise Phases Interfere Spoil Formation New Habits

Book:More Lay Thoughts of a Dean

Source: More Lay Thoughts of a Dean