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Ludwig von Mises: "This, then, is freedom in the external life of manthat he is independent of the arbitrary power of his fellows. Such freedom is no natural right. It did not exist under primitive conditions. It arose in the process of social development and its final completion is the work of mature Capitalism." - Socialism


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 MisesThe only source of the generation of additional capital goods is saving. If all the goods produced are consumed, no new capital comes into being.The Anti-Capitalistic Mentality p. 84Savings
Ludwig von MisesCapital is not a free gift of God or of nature. It is the outcome of a provident restriction of consumption on the part of man. It is created and increased by saving and maintained by the abstention from dissaving.The Anti-Capitalistic Mentality p. 84Savings
Ludwig von MisesThe most ingenious technological inventions would be practically useless if the capital goods required for their utilization had not been accumulated by saving.The Anti-Capitalistic Mentality p. 39Savings