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Quote by Ludwig von Mises

“The Santa Claus principle liquidates itself.”

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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Book:Liberalism: The Classical Tradition: The Economist

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“Some critics accuse capitalism of being a selfish system, but the selfishness is not in capitalism - it is in human nature.”

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“At the very least, people who get subsidies should have to get up in the morning and do something, even if it's a make work job. But most liberals would oppose even this simple test of responsibility.”

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“Animosity towards the merchant class has been around for centuries. Why? The goal of making a profit is quite obviously a self-serving motive. Other occupations, while equally self-serving, are better able to hide their motives.”

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“Once trapped in the belief that you are a victim, you surrender your birthright to compete for the prizes of life.”

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“Socialism was made to order for tyrants.”

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“The only way to effectively secure the common good is for the government to remain small.”

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“Chesterton spoke of 'the modern and morbid habit of always sacrificing the normal to the abnormal.' It would be hard to sum up liberalism for succinctly.”

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