Ludwig von Mises

Economist Austrian-American 1881 – 1973

Developed Austrian school economics emphasizing human action and free markets.

403 quotes

"Action is the essence of existence."
Philosophy
"A man who has once looked on the face of day has got a debt to pay to the world."
Motivation
"Capitalism has created the highest standard of living ever known."
"Control of the means of production is control of everything."
Power
"Democracy is not freedom."
Freedom
"Economics is not about things and tangible material objects; it is about human choices and decisions."
Knowledge
"Education is the most powerful weapon which you can use to change the world."
Education
"Every expansion of government power is a threat to individual liberty."
Freedom
"Failure is the path to success."
Perseverance
"Freedom in economic matters is as important as freedom in political matters."
Freedom
"Great scientific and inventive achievements and artistic and literary productions are the achievements of individuals."
Creativity
"Happiness cannot be pursued; it must ensue."
Happiness
"He who lives as he wishes is free."
Freedom
"History is a record of individuals struggling against government oppression."
History
"Human action is purposeful behavior."
Philosophy
"I am trying to understand how the human mind works."
Knowledge
"Ideas are more powerful than guns."
Inspiration
"If you do not know how to say no, you have lost your freedom."
Freedom
"Inflationism is not an economic policy that can be followed in the long run."
Money
"Interventionism is the policy of interfering with the market process."
Politics
"It is impossible to get rich without making other people rich."
Success
"Knowledge is power, but only action is success."
Knowledge
"Language is the vehicle of thought."
Philosophy
"Liberty is the only condition for the flourishing of civilization."
Freedom
"Man cannot create value; he can only discover it."
Wisdom
"Man is not a robot who merely reacts to external stimuli."
Philosophy
"Many present-day planners and intellectuals are socialists."
Politics
"Money is the most important tool of freedom ever invented."
Money
"Most of the fundamental ideas of science are essentially simple."
Science
"Nations are made, not born."
History