Ludwig von Mises: Doing

Ludwig von Mises was austrian economist. Explore interesting quotes on doing.
Ludwig von Mises: 124   quotes 78   likes

“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

“…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

“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

“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

“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

“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

“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 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