Ludwig von Mises ( 10 of 64 )
...economic history is a long record of government policies that failed because they were designed with a bold disregard for read more
...economic history is a long record of government policies that failed because they were designed with a bold disregard for the laws of economics.
Government and state can never be perfect because they owe their raison d'etre to the imperfection of man and can read more
Government and state can never be perfect because they owe their raison d'etre to the imperfection of man and can attain their end, the elimination of man's innate impulse to violence, only by recourse to violence, the very thing they are called upon to prevent.
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.
Facts per se can neither prove nor refute anything. Everything is decided by the interpretation and explanation of the facts, read more
Facts per se can neither prove nor refute anything. Everything is decided by the interpretation and explanation of the facts, by the ideas and the theories.
The first thing a genius needs is to breath free air.
The first thing a genius needs is to breath free air.
It is impossible to understand the history of economic thought if one does not pay attention to the fact that read more
It is impossible to understand the history of economic thought if one does not pay attention to the fact that economics as such is a challenge to the conceit of those in power.
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.
Progress cannot be organized.
Progress cannot be organized.
If the small minority of enlightened citizens who are able to conceive sound principles of political management do not succeed read more
If the small minority of enlightened citizens who are able to conceive sound principles of political management do not succeed in winning the support of their fellow citizens and converting them to the endorsement of policies that bring and preserve prosperity, the cause of mankind and civilization is hopeless. There is no other means to safeguard a propitious development of human affairs than to make the masses of inferior people adopt the ideas of the elite. This has to be achieved by convincing them. It cannot be accomplished by a despotic regime that instead of enlightening the masses beats them into submission. In the long run the ideas of the majority, however detrimental they may be, will carry on. The future of mankind depends on the ability of the elite to influence public opinion in the right direction.
Historical knowledge is indispensable for those who want to build a better world.
Historical knowledge is indispensable for those who want to build a better world.