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Ludwig von Mises: "Man is not, like the animals, an obsequious puppet of instincts and sensual impulses. Man has the power to suppress instinctive desires, he has a will of his own, he chooses between incompatible ends." - The Ultimate Foundation of Economic Science


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.

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AuthorQuoteSourcePageSubject
Ludwig von MisesEvery nation, whether rich or poor, powerful or feeble, can at any hour once again adopt the gold standard.Omnipotent Government p. 252Gold Standard
Ludwig von MisesThe gold standard has one tremendous virtue: the quantity of the money supply, under the gold standard, is independent of the policies of governments and political parties. This is its advantage. It is a form of protection against spendthrift governments.Economic Policy p. 65Gold Standard
Ludwig von MisesThe superiority of the gold standard consists in the fact that the value of gold develops independent of political actions.On the Manipulation of Money and Credit p. 90Gold Standard
Ludwig von MisesThe gold standard alone makes the determination of moneys purchasing power independent of the ambitions and machinations of governments, of dictators, of political parties, and of pressure groups.Planning for Freedom p. 185Gold Standard
Ludwig von MisesGovernments deliberately sabotaged it, and still go on sabotaging it.Planning for Freedom p. 185Gold Standard
Ludwig von MisesUnder the gold standard gold is money and money is gold. It is immaterial whether or not the laws assign legal tender quality only to gold coins minted by the government.Human Action p. 425; pp. 428-29Gold Standard
Ludwig von Mises. The use of money in a market economy is a praxeologically necessary fact. That gold, and not something else, is used as money is merely a historical fact and as such cannot be conceived by catallactics.Human Action p. 468; p. 471Gold Standard
Ludwig von MisesThe gold standard was the world standard of the age of capitalism, increasing welfare, liberty, and democracy, both political and economic.Human Action pp. 469-70; pp. 47273Gold Standard
Ludwig von MisesAll those intent upon sabotaging the evolution toward welfare, peace, freedom, and democracy loathed the gold standard, and not only on account of its economic significance.Human Action p. 470; p. 473Gold Standard
Ludwig von MisesThe return to gold does not depend on the fulfillment of some material condition. It is an ideological problem. It presupposes only one thing: the abandonment of the illusion that increasing the quantity of money creates prosperity.Economic Freedom and Interventionism p. 86Gold Standard
Ludwig von MisesThe excellence of the gold standard is to be seen in the fact that it renders the determination of the monetary units purchasing power independent of the policies of governments and political parties.The Theory of Money and Credit p. 456Gold Standard
Ludwig von MisesThe gold standard did not collapse. Governments abolished it in order to pave the way for inflation. The whole grim apparatus of oppression and coercion, policemen, customs guards, penal courts, prisons, in some countries even executioners, had to be put into action in order to destroy the gold standard.The Theory of Money and Credit p. 461Gold Standard
Ludwig von MisesThe classical or orthodox gold standard alone is a truly effective check on the power of the government to inflate the currency. Without such a check all other constitutional safeguards can be rendered vain.The Theory of Money and Credit p. 495Gold Standard
Ludwig von MisesIf we had gold coins in actual daily circulation everywhere in the world . . . the depreciation of gold would . . . not have taken place at all.Money, Method, and the Market Process p. 84Gold Standard