Ludwig von Mises

The essence of democracy is not that everyone makes and administers laws but that lawgivers and rulers should be dependent read more

The essence of democracy is not that everyone makes and administers laws but that lawgivers and rulers should be dependent on the people's will in such a way that they may be peaceably changed if conflict occurs.

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.

Progress is precisely that which the rules and regulations did not foresee.

Progress is precisely that which the rules and regulations did not foresee.

Each epoch has found in the Gospels what it sought to find there, and has overlooked what it wished to read more

Each epoch has found in the Gospels what it sought to find there, and has overlooked what it wished to overlook.

It is impossible to describe any human action if one does not refer to the meaning the actor sees in read more

It is impossible to describe any human action if one does not refer to the meaning the actor sees in the stimulus as well as in the end his response is aiming at.