It is impossible to describe any human action if one does not refer to the meaning the actor sees in the stimulus as well as in the end his response is aiming at. Ludwig von Mises More Quotes by Ludwig von Mises More Quotes From Ludwig von Mises On the unhampered market there prevails an irresistible tendency to employ every factor of production for the best possible satisfaction of the most urgent needs of the consumers. If the government interfered with this process, it can only impair satisfaction; it can never improve it. Ludwig von Mises government satisfaction needs All present-day governments are fanatically committed to an easy money policy. Ludwig von Mises committed government easy An intellectual inferiority of the masses would manifest itself most evidently in their aiming at the abolition of the system in which they themselves are supreme and are served by the elite of the most talented men. Ludwig von Mises egalitarianism equality men The aim of the popularization of economic studies is not to make every man an economist. The idea is to equip the citizen for his civic functions in community life. Ludwig von Mises men philosophy ideas The mixing of politics and business not only is detrimental to politics, as is frequently observed, but even much more so to business. Ludwig von Mises detrimental mixing They [intellectuals] coined most of the slogans that guided the butcheries of Bolshevism, Fascism, and Nazism. Intellectuals extolling the delights of murder, writers advocating censorship, philosophers judging the merits of thinkers and authors, not according to the value of their contributions but according to their achievements on battlefields, are the spiritual leaders of our age of perpetual strife. Ludwig von Mises leader judging spiritual In the land of the lotus-eaters there is no action. Action arises only from need, from dissatisfaction. It is purposeful striving towards something. Its ultimate end is always to get rid of a condition which is conceived to be deficient-to fulfill a need, to achieve satisfaction, to increase happiness. Ludwig von Mises lotuses land needs Capital 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. Ludwig von Mises free-gifts saving men Almost all the fathers of socialism were members of the upper middle class or of the professions. Ludwig von Mises socialism class father Economically considered, war and revolution are always bad business. Ludwig von Mises revolution money war The supremacy of public opinion determines not only the singular role that economics occupies in the complex of thought and knowledge. It determines the whole process of human history. Ludwig von Mises public-opinion roles historical There is no reason why capitalists and entrepreneurs should be ashamed of earning profits. Ludwig von Mises entrepreneur reason-why earning It is indeed one of the principal drawbacks of every kind of interventionism that it is so difficult to reverse the process. Ludwig von Mises drawbacks kind process The state is the only institution entitled to apply coercion and compulsion and to inflict harm upon individuals. This tremendous power cannot be abandoned to the discretion of some men, however competent and clever they may deem themselves. It is necessary to restrict its application. This is the task of the laws. Ludwig von Mises law clever men All the talk about the so-called unspeakable horror of early capitalism can be refuted by a single statistic: precisely in these years in which British capitalism developed, precisely in the age called the Industrial Revolution in England, in the years from 1760 to 1830, precisely in those years the population of England doubled. Ludwig von Mises population age years Professor von Mises has a splendid analytical mind and an admirable passion for liberty; but as a student of human nature he is worse than null and as a debater he is of Hyde Park standard. Ludwig von Mises passion liberty mind There is no such thing as a just and fair method of exercising the tremendous power that interventionism puts into the hands of the legislature and the executive. Ludwig von Mises legislature exercise hands How pale is the art of sorcerers, witches, and conjurors when compared with that of the government's Treasury Department! Ludwig von Mises government world art Anarchism misunderstands the real nature of man. It would be practicable only in a world of angels and saints Ludwig von Mises angel real men The government and its chiefs do not have the powers of the mythical Santa Claus. They cannot spend except by taking out of the pockets of some people for the benefit of others. Ludwig von Mises pockets government people
