Maxioms by Ludwig Von Mises
...the only means to well-being is to increase the quantity of products. This is what business aims at.
...the only means to well-being is to increase the quantity of products. This is what business aims at.
Economics is a theoretical science and as such abstains from any judgement of value. It is not its task to read more
Economics is a theoretical science and as such abstains from any judgement of value. It is not its task to tell people what ends they should aim at. It is a science of the means to be applied for attainment of ends chosen, not, to be sure, a science of the choosing of ends. Ultimate decisions, the valuations and the choosing of ends, are beyond the scope of any science. Science never tells a man how he should act; it merely shows how a man must act if he wants to attain definite ends.
Government is beating into submission, imprisoning, and killing...The authority of man-made law is entirely due to weapons of the constables read more
Government is beating into submission, imprisoning, and killing...The authority of man-made law is entirely due to weapons of the constables who enforce obedience to its provisions.
Reason and action are congeneric and homogenous, two aspects of the same phenomenon.
Reason and action are congeneric and homogenous, two aspects of the same phenomenon.
What matters is not the allocation of portions out of a fund presented to man by nature. The problem is read more
What matters is not the allocation of portions out of a fund presented to man by nature. The problem is rather to further those social institutions which enable people to continue and to enlarge the production of all those things which they need.
