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“People do not cooperate under the division of labor because they love or should love one another. They cooperate because this best serves their own interests. Neither love nor charity nor any other sympathetic sentiments but rightly understood selfishness is what originally impelled man to adjust himself to the requirements of society, to respect the rights and freedoms of his fellow men and to substitute peaceful collaboration for enmity and conflict.”

Ludwig von Mises book Human Action

Human Action (1949)

Love , Men , People , Peace

“Credit expansion can bring about a temporary boom. But such a fictitious prosperity must end in a general depression of trade, a slump.”

Ludwig von Mises book Socialism

Socialism (1922), Epilogue (1947)

“Whatever people do in the market economy, is the execution of their own plans. In this sense every human action means planning. What those calling themselves planners advocate is not the substitution of planned action for letting things go. It is the substitution of the planner's own plan for the plans of his fellow-men. The planner is a potential dictator who wants to deprive all other people of the power to plan and act according to their own plans. He aims at one thing only: the exclusive absolute pre-eminence of his own plan.”

Ludwig von Mises book Socialism

Socialism (1922), Epilogue (1947)

Men , People , Sense

“No social co-operation under the division of labour is possible when some people or unions of people are granted the right to prevent by violence and the threat of violence other people from working. When enforced by violence, a strike in vital branches of production or a general strike are tantamount to a revolutionary destruction of society.”

Ludwig von Mises book Socialism

Socialism (1922), Epilogue (1947)

People

“…racial hatred is not a natural phenomenon innate in man. It is the product of ideologies. But even if such a thing as a natural and inborn hatred between various races existed, it would not render social cooperation futile and would not invalidate Ricardo's theory of association. Social cooperation has nothing to do with personal love or with a general commandment to love one another. People do not cooperate under the division of labor because they love or should love one another. They cooperate because this best serves their own interests. Neither love nor charity nor any other sympathetic sentiments but rightly understood selfishness is what originally impelled man to adjust himself to the requirements of society, to respect the rights and freedoms of his fellow men and to substitute peaceful collaboration for enmity and conflict.”

Ludwig von Mises book Human Action

Part 2, VIII.84
Human Action (1949)

Love , Men , People , Peace

“The criterion of truth is that it works even if nobody is prepared to acknowledge it.”

Ludwig von Mises

Source: The Ultimate Foundation of Economic Science (1962), Chapter 5: On Some Popular Errors Concerning the Scope and Method of Economics, § 9 : The Belief in the Omnipotence of Thought

Truth

“The masses do not like those who surpass them in any regard. The average man envies and hates those who are different.”

Ludwig von Mises

Source: The Ultimate Foundation of Economic Science

Hate , Envy

“Once the principle is admitted that it is the duty of the government to protect the individual against his own foolishness, no serious objections can be advanced against further encroachments.”

Ludwig von Mises

“If we were to regard the Soviet regime as an experiment, we would have to say that the experiment has clearly demonstrated the superiority of capitalism and the inferiority of socialism.”

Ludwig von Mises book Socialism

Socialism (1922), Epilogue (1947)
Context: The only certain fact about Russian affairs under the Soviet regime with regard to which all people agree is: that the standard of living of the Russian masses is much lower than... the paragon of capitalism, the United States of America. If we were to regard the Soviet regime as an experiment, we would have to say that the experiment has clearly demonstrated the superiority of capitalism and the inferiority of socialism.

“The goal of liberalism is the peaceful cooperation of all men. It aims at peace among nations too.”

Ludwig von Mises

Omnipotent Government : The Rise of the Total State and Total War (1944) http://mises.org/etexts/mises/og.asp
Context: The goal of liberalism is the peaceful cooperation of all men. It aims at peace among nations too. When there is private ownership of the means of production everywhere and when laws, the tribunals and the administration treat foreigners and citizens on equal terms, it is of little importance where a country's frontiers are drawn.... War no longer pays; there is no motive for aggression.... All nations can coexist peacefully...

Men , Peace

“He who only wishes and hopes does not interfere actively with the course of events and with the shaping of his own destiny.”

Ludwig von Mises

Source: Human Action: A Treatise on Economics

Hope

“If one takes pleasure in calling the gold standard a "barbarous relic," one cannot object to the application of the same term to every historically determined institution. Then the fact that the British speak English — and not Danish, German, or French — is a barbarous relic too, and every Briton who opposes the substitution of Esperanto for English is no less dogmatic and orthodox than those who do not wax rapturous about the plans for a managed currency.”

Ludwig von Mises book Human Action

The Gold Standard http://mises.org/daily/4153 - LvMI, excerpt from chapter 17 of Human Action
Human Action (1949)

Pleasure

“As the liberal sees it, the task of the state consists solely and exclusively in guaranteeing the protection of life, health, liberty, and private property against violent attacks. Everything that goes beyond this is an evil. A government that, instead of fulfilling its task, sought to go so far as actually to infringe on personal security of life and health, freedom, and property would, of course, be altogether bad.”

Ludwig von Mises book Liberalism

Source: Liberalism (1927), Ch. 1 : The Foundations of Liberal Policy § 11. The Limits of Governmental Activity

Life , Health , Freedom , Evil

“A man who chooses between drinking a glass of milk and a glass of a solution of potassium cyanide does not choose between two beverages; he chooses between life and death. A society that chooses between capitalism and socialism does not choose between two social systems; it chooses between social cooperation and the disintegration of society. Socialism is not an alternative to capitalism; it is an alternative to any system under which men can live as human beings.”

Ludwig von Mises book Human Action

1963 edition, p. 680
Human Action (1949)

Life , Death , Men , Drink

“It cannot be denied that Fascism and similar movements aiming at the establishment of dictatorships are full of the best intentions and that their intervention has, for the moment, saved European civilization. The merit that Fascism has thereby won for itself will live on eternally in history.”

Ludwig von Mises book Liberalism

Source: Liberalism (1927), Ch. 1 : The Foundations of Liberal Policy § 10 : The Argument of Fascism
Context: Repression by brute force is always a confession of the inability to make use of the better weapons of the intellect — better because they alone give promise of final success. This is the fundamental error from which Fascism suffers and which will ultimately cause its downfall. The victory of Fascism in a number of countries is only an episode in the long series of struggles over the problem of property. The next episode will be the victory of Communism. The ultimate outcome of the struggle, however, will not be decided by arms, but by ideas. It is ideas that group men into fighting factions, that press the weapons into their hands, and that determine against whom and for whom the weapons shall be used. It is they alone, and not arms, that, in the last analysis, turn the scales.
So much for the domestic policy of Fascism. That its foreign policy, based as it is on the avowed principle of force in international relations, cannot fail to give rise to an endless series of wars that must destroy all of modern civilization requires no further discussion. To maintain and further raise our present level of economic development, peace among nations must be assured. But they cannot live together in peace if the basic tenet of the ideology by which they are governed is the belief that one's own nation can secure its place in the community of nations by force alone.
It cannot be denied that Fascism and similar movements aiming at the establishment of dictatorships are full of the best intentions and that their intervention has, for the moment, saved European civilization. The merit that Fascism has thereby won for itself will live on eternally in history. But though its policy has brought salvation for the moment, it is not of the kind which could promise continued success. Fascism was an emergency makeshift. To view it as something more would be a fatal error.

History

“The Marxians love of democratic institutions was a stratagem only, a pious fraud for the deception of the masses. Within a socialist community there is no room left for freedom.”

Ludwig von Mises
Love , Communication , Fraud , Freedom

“If historical experience could teach us anything, it would be that private property is inextricably linked with civilization.”

Ludwig von Mises book Human Action

Source: Human Action (1949), Chapter XV. The Market, § 4 The Scope and Method of Catallactics

“Socialism is the watchword and the catchword of our day. The socialist idea dominates the modem spirit. The masses approve of it. It expresses the thoughts and feelings of all; it has set its seal upon our time. When history comes to tell our story it will write above the chapter "The Epoch of Socialism."
As yet, it is true, Socialism has not created a society which can be said to represent its ideal. But for more than a generation the policies of civilized nations have been directed towards nothing less than a gradual realization of Socialism.”

Ludwig von Mises book Socialism

Introduction : The Success of Socialist Ideas
Socialism (1922)

Feeling , History , Idea , Time