Maxioms by Ludwig Von Mises
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.
It is the worst of all superstitions to assume that the epistemological characteristics of one branch of knowledge must necessarily read more
It is the worst of all superstitions to assume that the epistemological characteristics of one branch of knowledge must necessarily be applicable to any other branch.
Society is joint action and cooperation in which each participant sees the other partner's success as a means for the read more
Society is joint action and cooperation in which each participant sees the other partner's success as a means for the attainment of his own.
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.
The first condition for the establishment of perpetual peace is the general adoption of the principles of laissez-faire capitalism.
The first condition for the establishment of perpetual peace is the general adoption of the principles of laissez-faire capitalism.
