1. Skip to navigation
  2. Skip to content
  3. Skip to sidebar

The Ludwig von Mises Institute

Tu Ne Cede Malis

Advancing the scholarship of liberty in the tradition of the Austrian School for 30 years

Search Mises.org

Ludwig von Mises: "There is no such thing as an absolute notion of justice not referring to a definite system of social organization. . . . There is neither right nor wrong outside the social nexus." - Human Action

Quotable MisesThis database of quotations from Mises was prepared for The Quotable Mises edited by Mark Thornton, available from the Mises Institute store for $20. Send corrections to the editor. Here is a source page on the editions of the books referenced.

Put Mises quotes on your site.


Browse By: Title | Subject | Author | Source
Top> Browse by source: Freedom
Ludwig von MisesUsed to the conditions of a capitalistic environment, the average American takes it for granted that every year business makes something new and better accessible to him. Looking backward upon the years of his own life, he realizes that many implements that were totally unknown in the days of his youth and many others which at that time could be enjoyed only by a small minority are now standard equipment of almost every household. He is fully confident that this trend will prevail also in the future. He simply calls it the American way of life and does not give serious thought to the question of what made this continuous improvement in the supply of material goods possible.Economic Freedom and Interventionism p. 7America
Ludwig von MisesThe most serious dangers for American freedom and the American way of life do not come from without.Economic Freedom and Interventionism p. 101America
Ludwig von MisesFull government control of all activities of the individual is virtually the goal of both national parties.Economic Freedom and Interventionism p. 157America
Ludwig von MisesWhat makes a firm big is its success in best filling the demands of the buyers. If the bigger enterprise did not better serve the people than a smaller one, it would long since have been reduced to smallness.Planning for Freedom p. 134Big Business
Ludwig von MisesThere is no doubt that Bohm-Bawerk's book is the most eminent contribution to modern economic theory. For every economist it is a must to study it most carefully and to scrutinize its content with the utmost care.Economic Freedom and Interventionism p. 133Bhm-Bawerk, Eugen von
Ludwig von MisesA book of the size and profundity of Capital and Interest is not easy reading. But the effort expended pays very well.Economic Freedom and Interventionism p. 135Bhm-Bawerk, Eugen von
Ludwig von MisesSeen from the point of view of the particular group interests of the bureaucrats, every measure that makes the governments payroll swell is progress.Planning for Freedom p. 48Bureaucracy
Ludwig von MisesOf course, as a rule capitalists and entrepreneurs are not saints excelling in the virtue of self-denial. But neither are their critics saintly.Planning for Freedom p. 146Businessmen
Ludwig von MisesNow nobody ever contended that one could produce without working. But neither is it possible to produce without capital goods, the previously produced factors of further production.Planning for Freedom p. 111Capital
Ludwig von MisesWhat the workers must learn is that the only reason why wage rates are higher in the United States is that the per head quota of capital invested is higher.Planning for Freedom p. 92Capital
Ludwig von MisesIf one rejects laissez faire on account of mans fallibility and moral weakness, one must for the same reason also reject every kind of government action.Planning for Freedom p. 44Capitalism vs. Socialism
Ludwig von MisesTyranny is the political corollary of socialism, as representative government is the political corollary of the market economy.Planning for Freedom p. 218Capitalism vs. Socialism
Ludwig von MisesEntrance into the ranks of the entrepreneurs in a market society, not sabotaged by the interference of government or other agencies resorting to violence, is open to everybody.Planning for Freedom p. 117Class Mobility
Ludwig von MisesA sound monetary policy is one of the foremost means to thwart the insidious schemes of communism.Economic Freedom and Interventionism p. 106Communism
Ludwig von MisesCredit expansion is not a nostrum to make people happy. The boom it engenders must inevitably lead to a debacle and unhappiness.Planning for Freedom p. 189Credit
Ludwig von MisesNo one should expect that any logical argument or any experience could ever shake the almost religious fervor of those who believe in salvation through spending and credit expansion.Planning for Freedom p. 63Credit
Ludwig von MisesA policy of deficit spending saps the very foundation of all interpersonal relations and contracts. It frustrates all kinds of savings, social security benefits and pensions.Planning for Freedom p. 89Deficits
Ludwig von MisesWhat the doctrine of balancing budgets over a period of many years really means is this: As long as our own party is in office, we will enhance our popularity by reckless spending.Planning for Freedom p. 87Deficits
Ludwig von MisesWhat is called the American way of life is the result of the fact that the United States has put fewer obstacles in the way of saving and capital accumulation than in other nations.Planning for Freedom p. 152Development
Ludwig von MisesIt is not true that the economic backwardness of foreign countries is to be imputed to technological ignorance on the part of their peoples.Planning for Freedom p. 196Development
Ludwig von MisesIt is not a lack of the know how that prevents foreign countries from fully adopting American methods of manufacturing, but the insufficiency of capital available.Planning for Freedom p. 197Development
Ludwig von MisesThe social function of economic science consists precisely in developing sound economic theories and in exploding the fallacies of vicious reasoning. In the pursuit of this task the economist incurs the deadly enmity of all mountebanks and charlatans whose shortcuts to an earthly paradise he debunks.Economic Freedom and Interventionism pp. 51-52Economics
Ludwig von MisesThe main achievement of economics is that it has provided a theory of peaceful human cooperation. This is why the harbingers of violent conflict have branded it as a dismal science and why this age of wars, civil wars, and destruction has no use for it.Economic Freedom and Interventionism p. 235Economics
Ludwig von MisesThis dilettantish inability to comprehend the essential issues of the conduct of production affairs is not only manifested in the writings of Marx and Engels. It permeates no less the contributions of contemporary pseudo-economics.Planning for Freedom p. 147Economics
Ludwig von MisesThere is, in fact, in the writings and teaching of those who nowadays call themselves economists, no longer any comprehension of the operation of the economic system as such.Economic Freedom and Interventionism p. 154Economists
Ludwig von MisesIn the same way in which it is impossible for a mathematician to specialize in triangles and to neglect the study of circles, it is impossible to be an expert on wage rates without at the same time mastering the problems of profits and interest, commodity prices, and currency and banking.Economic Freedom and Interventionism p. 234Economists
Ludwig von MisesThe pseudo-liberals monopolize the teaching jobs at many universities. Only men who agree with them are appointed as teachers and instructors of the social sciences, and only textbooks supporting their ideas are used.Planning for Freedom p. 162Education
Ludwig von MisesThe modern American high school, reformed according to the principles of John Dewey, has failed lamentably, as all competent experts agree, in the teaching of mathematics, physics, languages, and history.Economic Freedom and Interventionism p. 171Education
Ludwig von MisesThe entrepreneurs . . . are not infallible and often blunder. But they are less liable to error, and blunder less than other people do.Planning for Freedom p. 114Entrepreneurs
Ludwig von MisesThe task of the entrepreneur is to select from the multitude of technologically feasible projects those which will satisfy the most urgent of the not yet satisfied needs of the public.Planning for Freedom p. 117Entrepreneurs