Ludwig von Mises

What matters is not the allocation of portions out of a fund presented to man by nature. The problem is read more

What matters is not the allocation of portions out of a fund presented to man by nature. The problem is rather to further those social institutions which enable people to continue and to enlarge the production of all those things which they need.

Action based on reason, action therefore which is only to be understood by reason, knows only one end, the greatest read more

Action based on reason, action therefore which is only to be understood by reason, knows only one end, the greatest pleasure of the acting individual.

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.

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.

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...