Ludwig von Mises

In the world of reality, life, and human action there is no such thing as interests independent of ideas, preceding read more

In the world of reality, life, and human action there is no such thing as interests independent of ideas, preceding them temporarily and logically. What a man considers his interest is the result of his ideas.

Against nature and within nature there is no freedom.

Against nature and within nature there is no freedom.

Those fighting for free enterprise and free competition do not defend the interests of those rich today. They want a read more

Those fighting for free enterprise and free competition do not defend the interests of those rich today. They want a free hand left to unknown men who will be the entrepreneurs of tomorrow...

Society is only possible on these terms, that the individual finds therein a strengthening of his own ego and his read more

Society is only possible on these terms, that the individual finds therein a strengthening of his own ego and his own will.

To illustrate the difference between the innovator and the dull crowd of routinists who cannot even imagine that any improvement read more

To illustrate the difference between the innovator and the dull crowd of routinists who cannot even imagine that any improvement is possible, we need only refer to a passage in Engel's most famous book. Here, in 1878, Engels apodictically announced that military weapons are "now so perfected that no further progress of any revolutionizing influence is any longer possible." Henceforth "all further [technological] progress is by and large indifferent for land warfare. The age of evolution is in this regard essentially closed." This complacent conclusion shows in what the achievement of the innovator consists: he accomplishes what other people believe to be unthinkable and unfeasible.