Maxioms by Ludwig Von Mises
Reason's biological function is to preserve and promote life and to postpone its extinction as long as possible. Thinking and read more
Reason's biological function is to preserve and promote life and to postpone its extinction as long as possible. Thinking and acting are not contrary to nature; they are, rather, the foremost features of man's nature. The most appropriate description of man as differentiated from nonhuman beings is: a being purposively struggling against the forces adverse to his life.
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.
Progress cannot be organized.
Progress cannot be organized.
...it is solely bigness in business which makes it possible to supply the masses with all those products the present-day read more
...it is solely bigness in business which makes it possible to supply the masses with all those products the present-day American common man does not want to do without. Luxury goods for the few can be produced in small shops. Luxury goods for the many require big business.
...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.