Ludwig von Mises: Trending quotes (page 3)

“From a correct Marxian point of view … all measures designed to restrain, to regulate and to improve capitalism were simply "petty-bourgeois" nonsense … True socialists should not place any obstacles in the way of capitalist evolution. For only the full maturity of capitalism could bring about socialism. It is not only vain, but harmful to the interests of the proletarians to resort to such measures.”

Ludwig von Mises book Socialism

Socialism (1922), Epilogue (1947)

Way

“Permanent mass unemployment destroys the moral foundations of the social order. The young people, who, having finished their training for work, are forced to remain idle, are the ferment out of which the most radical political movements are formed. In their ranks the soldiers of the coming revolutions are recruited.”

Ludwig von Mises book Socialism

Part V : The Economics of a Socialist Community, § V : Destructionism, Ch. 33 : The Motive Powers of Destructionism, p. 440 http://www.econlib.org/library/Mises/msS12.html#V.34.35,Ch.33
Socialism (1922)

People , Training

“It is a fact that Mussolini entered the scene of world politics as an ally of the democracies, while Lenin entered it as a virtual ally of imperial Germany.”

Ludwig von Mises book Socialism

Socialism (1922), Epilogue (1947)

World , Democracy

“Inflation is an increase in the quantity of money without a corresponding increase in the demand for money, i. e., for cash holdings.”

Ludwig von Mises

The Free Market and Its Enemies, speech to the Foundation for Economic Education https://fee.org/library/books/the-free-market-and-its-enemies/ (1951)

Money

“Value is not intrinsic, it is not in things. It is within us; it is the way in which man reacts to the conditions of his environment. Neither is value in words and doctrines, it is reflected in human conduct. It is not what a man or groups of men say about value that counts, but how they act.”

Ludwig von Mises book Human Action

Human Action (1949)

Men , Way

“The characteristic mark of this age of dictators, wars and revolutions is its anti-capitalistic bias. Most governments and political parties are eager to restrict the sphere of private initiative and free enterprise. It is an almost unchallenged dogma that capitalism is done for and that the coming of all-round regimentation of economic activities is both inescapable and highly desirable.”

Ludwig von Mises book Socialism

Socialism (1922), Epilogue (1947)

War , Age

“For the time being, the ominous peril of the communist parties in the West lies in their stand on foreign affairs. The distinctive mark of all present-day communist parties is their devotion to the aggressive foreign policy of the Soviets. Whenever they must choose between Russia and their own country, they do not hesitate to prefer Russia. Their principle is: Right or wrong, my Russia. They strictly obey all orders issued from Moscow. When Russia was an ally of Hitler, the French communists sabotaged their own country's war effort and the American communists passionately opposed President Roosevelt's plans to aid England and France in their struggle against the Nazis.”

Ludwig von Mises book Socialism

Socialism (1922), Epilogue (1947)

War , Effort , Passion , Time

“You have the courage to tell the masses what no politician told them: you are inferior and all the improvements in your conditions which you simply take for granted you owe to the effort of men who are better than you. If this be arrogance, as some of your critics observed, it is still the truth that had to said in the age of the Welfare State.”

Ludwig von Mises

Mises' letter to Ayn Rand praising Atlas Shrugged,(23 January 1958), quoted in Mises: The Last Knight of Liberalism (2007).

Men , Truth , Age , Courage

“All this talk: the state should do this or that, ultimately means: the police should force consumers to behave otherwise than they would behave spontaneously.”

Ludwig von Mises book Socialism

Socialism (1922), Epilogue (1947)

“The state is God, deifies arms and prisons. The worship of the state is the worship of force. There is no more dangerous menace to civilization than a government of incompetent, corrupt, or vile men. The worst evils which mankind ever had to endure were inﬂicted by bad governments. The state can be and has often been in the course of history the main source of mischief and disaster.”

Ludwig von Mises

Source: Omnipotent Government: The Rise of the Total State and Total War (1944), Chapter III: Etatism

Men , God , History , Evil

“There were nowhere more docile disciples of Lenin, Trotsky and Stalin than the Nazis were.”

Ludwig von Mises book Socialism

Socialism (1922), Epilogue (1947)

“The proof of a theory is in its reasoning, not in its sponsorship”

Ludwig von Mises

Theory of Money and Credit http://www.econlib.org/library/Mises/msT1.html (1912)
Source: http://www.econlib.org/library/Mises/msT2.html#I.5.12 | Theory of Money and Credit

“The interventionists do not approach the study of economic matters with scientific disinterestedness. Most of them are driven by an envious resentment against those whose incomes are larger than their own. This bias makes it impossible for them to see things as they really are. For them the main thing is not to improve the conditions of the masses, but to harm the entrepreneurs and capitalists even if this policy victimizes the immense majority of the people.”

Ludwig von Mises book Socialism

Socialism (1922), Epilogue (1947)

People , Study

“Is precisely in market dealings that market prices are formed for all kinds of goods and services, which will be taken as the bases of calculation. Where there is no free market, there is no pricing mechanism; without a pricing mechanism, there is no economic calculation.”

Ludwig von Mises

“Economic knowledge necessarily leads to liberalism.”

Ludwig von Mises

Knowledge

“If one rejects laissez faire on account of man's fallibility and moral weakness, one must for the same reason also reject every kind of government action.”

Ludwig von Mises

Planning for Freedom (1952), p. 44

“The alcoholic and the drug addict harm only themselves by their behavior; the person who violates the rules of morality governing mans life in society harms not only himself, but everyone.”

Ludwig von Mises book Liberalism

Source: Liberalism

Life , Alcohol , Behavior , Personality

“It is a double-edged makeshift to entrust an individual or a group of individuals with the authority to resort to violence.”

Ludwig von Mises

Source: The Ultimate Foundation of Economic Science (1962), Chapter 5: On Some Popular Errors Concerning the Scope and Method of Economics, § 10 : The Concept of a Perfect System of Government
Context: It is a double-edged makeshift to entrust an individual or a group of individuals with the authority to resort to violence. The enticement implied is too tempting for a human being. The men who are to protect the community against violent aggression easily turn into the most dangerous aggressors. They transgress their mandate. They misuse their power for the oppression of those whom they were expected to defend against oppression. The main political problem is how to prevent the police power from becoming tyrannical. This is the meaning of all the struggles for liberty.

“In fact, however, the supporters of the welfare state are utterly anti-social and intolerant zealots.”

Ludwig von Mises book Socialism

Socialism (1922), Epilogue (1947)
Context: In fact, however, the supporters of the welfare state are utterly anti-social and intolerant zealots. For their ideology tacitly implies that the government will exactly execute what they themselves deem right and beneficial. They entirely disregard the possibility that there could arise disagreement with regard to the question of what is right and expedient and what is not. They advocate enlightened despotism, but they are convinced that the enlightened despot will in every detail comply with their own opinion concerning the measures to be adopted. They favour planning, but what they have in mind is exclusively their own plan, not those of other people. They want to exterminate all opponents, that is, all those who disagree with them. They are utterly intolerant and are not prepared to allow any discussion. Every advocate of the welfare state and of planning is a potential dictator. What he plans is to deprive all other men of all their rights, and to establish his own and his friends' unrestricted omnipotence. He refuses to convince his fellow-citizens. He prefers to "liquidate" them. He scorns the "bourgeois" society that worships law and legal procedure. He himself worships violence and bloodshed.

Support

“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.”

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.

Peace , Communication