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Individual Quotes

“The only way that has ever been discovered to have a lot of people cooperate together voluntarily is through the free market. And that's why it's so essential to preserving individual freedom.”

People Way Together Individual Freedom Economy Essentials Economics Partnership Free Market Individual Freedom Free Market Capitalism

Author:Milton Friedman

“Once it has been perceived that the division of labour is the essence of society, nothing remains of the antithesis between individual and society. The contradiction between individual principle and social principle disappears.”

Has Beens Individual Social Principles Economics Essence Remains Disappear Socialism Contradiction Labour Division Individualism Collectivism Antithesis Individuals And Society

Author:Ludwig von Mises

“The democratic ideal springs from the ideas of liberty, equality, majority rule through free elections, protection of the rights of minorities, and freedom to subscribe to multiple loyalties in matters of religion, economics, and politics rather than to a total loyalty to the state. The spirit of democracy is the idea of importance and worth in the individual, and faith in the kind of world where the individual can achieve as much of his potential as possible.”

Source: Rules for Radicals: A Pragmatic Primer for Realistic Radicals

“Whatever their limitations, Freud and Marx developed complex and subtle theories of human nature grounded in their observation of individual and social behavior. The crackpot rationalism of free-market economics merely relies on an abstract model of how people "must" behave.”

“Unless the fundamental categories of economics such as 'property' were to be redefined in a radically personal way the liberal rationalist curse which had established economics as a scientific discipline cut off from human interests would proliferate. Economic models ... have failed to incorporate any meaningful index of individual benefit other than the original utilitarian one, ... the index of increasing income or an increasing flow of commodities.”

“There exists no third principle for the organisation of the economics process which can be rationally chosen to achieve any desirable ends, in addition to either a functioning market in which nobody can conclusively determine how well-off particular groups or individuals will be, or a central direction where a group organised for power determines it.”

Wells Ends Individual Process Principles Groups Achieve Particular Economics Thirds Determine Chosen Desirable Organisation Organised

Author:Friedrich August von Hayek

“Utility is a metaphysical concept of impregnable circularity; utility is the quality in commodities that makes individuals want to buy them, and the fact that individuals want to buy commodities shows that they have utility.”

Want Facts Shows Individual Quality Concepts Economics Commodity Metaphysical Utility Circularity

Book:Economic philosophy

Source: Economic philosophy

“The fundamental axiom, then, for the study of man is the existence of individual consciousness”

Men Individual Existence Consciousness Liberty Study Economics Fundamentals Axioms

Book:Economic Controversies

Source: Economic Controversies

“The mischievous idea that all public needs should be satisfied by compulsory organization and that all the means that individuals are willing to devote to pubic purposes should be under the control of government, is wholly alien to the basic principles of a free society.”

Needs Should Mean Ideas Government Purpose Individual Principles Willing Economics Organization Satisfied Aliens Free Society Basic Principles Compulsory Mischievous

Author:Friedrich August von Hayek

“Many individuals are doing what they can. But real success can only come if there is a change in our societies and in our economics and in our politics.”

Ifs Real Individual Economic Economics Our Society Spectacles Real Success

Author:David Attenborough