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Archive for category: Ludwig von Mises

Ludwig von Mises (1881–1973) was a prominent Austrian economist and social philosopher, known for his contributions to the Austrian School of economics. He significantly influenced libertarian and free-market economic theory and was a critic of socialism and interventionism.

Ludwig von Mises Quote: Why Science Cannot Dictate What Ought To Be!

“Planners claim that their plans are scientific and that, among decent people with good intentions, there can be no disagreements about them. Yet there is no such thing as a “scientific ought.” Science serves to determine what is. It can never prescribe what ought to be or what goals people should pursue. It is a fact that people disagree in their value judgments. It is outrageous to arrogate to oneself the right to override others’ plans and force them to submit to the planner’s design.”

Ludwig von Mises

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Ludwig von Mises Quote: The Brutal Truth About State and Law

“The state subjugates, imprisons, and kills. People tend to forget this because law-abiding citizens submit to the authority of the government without complaint in order to avoid punishment. But lawyers are more realistic and call a law that cannot be enforced by coercion an imperfect law. The authority of man-made laws rests entirely on the weapons of the police, who enforce obedience to their regulations”

Ludwig von Mises

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Ludwig von Mises Quotes: The Truth About Credit Booms and Economic Crises

“There is no way to prevent the final collapse of a boom generated by credit expansion. The only alternative is either an earlier crisis resulting from the voluntary termination of credit expansion, or a later, final, and total catastrophe for the currency system involved.”

Ludwig von Mises

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Ludwig von Mises: Why Demagogues Score with Taxes on the Rich

“Nothing can make a demagogue more popular today than when he repeatedly calls for sharp taxes against the rich […] Wealth levies and high income taxes on the larger incomes are quite extraordinarily popular with the masses who do not have to pay them.”

Ludwig von Mises

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Ludwig von Mises Quote on Socialism, Bureaucracy & Freedom – Uncover the True Danger!

“The champions of socialism call themselves progressives, but they recommend a system which is characterized by rigid observance of routine and by a resistance to every kind of improvement. They call themselves liberals, but they are intent upon abolishing liberty. They call themselves democrats, but they yearn for dictatorship. They call themselves revolutionaries, but they want to make the government omnipotent. They promise the blessings of the Garden of Eden, but they plan to transform the world into a gigantic post office. Every man but one a subordinate clerk in a bureau.”

Ludwig von Mises

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Ludwig von Mises Quote: Why Every Socialist is a Disguised Dictator

“Every socialist is a disguised dictator.”

Ludwig von Mises

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