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Quote by Ludwig von Mises

“Government cannot make man richer, but it can make him poorer.”

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

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“The direction of all economic affairs is in the market society a task of the entrepreneurs. Theirs is the control of production. They are at the helm and steer the ship. A superficial observer would believe that they are supreme. But they are not. They are bound to obey unconditionally the captain's orders.”

“To the grumbler who complains about the unfairness of the market system only one piece of advice can be given: If you want to acquire wealth, then try to satisfy the public by offering them something that is cheaper or which they like better....Equality under the law gives you the power to challenge every millionaire.”

Ifs Want Giving Trying Law Given Challenges Wealth Liberty Pieces Economic Advice Economics Complaining Acquire Offering Millionaire Cheaper One Piece Unfairness Equality Under The Law

Author:Ludwig von Mises

“The "progressives" who today masquerade as "liberals" may rant against "fascism"; yet it is their policy that paves the way for Hitlerism. Nothing could have been more helpful to the success of the National-Socialist (Nazi) movement than the methods used by the "progressives," denouncing Nazism as a party serving the interests of "capital." The German workers knew this tactic too well to be deceived by it again.”

“To the masses, the catchwords of Socialism sound so enticing... so they will continue to work for Socialism, helping thereby to bring about the inevitable decline of the civilization which the nations of the West have taken thousands of years to build up.”

Years Helping Nations Sound Liberty Taken Economic Civilization Mass Economics West Socialism Inevitable Decline Enticing

Author:Ludwig von Mises

“He who acts under an emotional impulse also acts. What distinguishes an emotional action from other actions is the valuation of input and output. Emotions disarrange valuations. Inflamed with passion, man sees the goal as more desirable and the price he has to pay for it as less burdensome than he would in cool deliberation.”

Men Action Passion Goal Pay Emotion Liberty Economic Emotional Economics Impulse Desirable Input Output Deliberation Valuation

Book:Human Action

Source: Human Action

“The recurrence of periods of depression and mass unemployment has discredited capitalism in the opinion of injudicious people. Yet these events are not the outcome of the operation of the free market. They are on the contrary the result of well-intentioned but ill-advised government interference with the market.”

Source: Middle of the Road Policy Leads to Socialism

“The common man is the sovereign consumer whose buying or abstention from buying ultimately determines what should be produced and in what quantity and quality.”

Men Should Common Quality Liberty Economic Economics Determine Consumers Buying Quantity Sovereign Common Man Abstention Quantity And Quality

Book:Anti-Capitalistic Mentality, The

Source: Anti-Capitalistic Mentality, The

“The philosophy commonly called individualism is a philosophy of social cooperation and the progressive intensification of the social nexus.”

Philosophy Social Liberty Economic Economics Progressive Cooperation Individualism Nexus

Book:Human Action

Source: Human Action

“All varieties of interference with the market phenomena not only fail to achieve the ends aimed at by their authors and supporters, but bring about a state of affairs which - from the point of view of their authors and advocates valuations - is less desirable than the previous state of affairs which they were designed to alter.”

Ends States Views Liberty Failing Economic Achieve Economics Affair Point Of View Variety Supporter Desirable Interference Valuation

Book:Bureaucracy

Source: Bureaucracy

“There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as the result of voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved.”

Should Mean Results Liberty Economic Involved Economics Crisis Finals Credit Alternatives Collapse Currency Expansion Avoiding Catastrophe Abandonment

Book:Human action: a treatise on economics

Source: Human action: a treatise on economics