Ludwig von Mises

The first thing a genius needs is to breath free air.

The first thing a genius needs is to breath free air.

Facts per se can neither prove nor refute anything. Everything is decided by the interpretation and explanation of the facts, read more

Facts per se can neither prove nor refute anything. Everything is decided by the interpretation and explanation of the facts, by the ideas and the theories.

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

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

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.

There is in the universe something for the description and analysis of which the natural sciences cannot contribute anything. There read more

There is in the universe something for the description and analysis of which the natural sciences cannot contribute anything. There are events beyond the range of those events that the procedures of the natural sciences are fit to observe and describe. There is human action.