Quotes from Ludwig von Mises

In Marxism there are always two ways at least of looking at anything and everything, and the reconciliation of these views is attained only by dialectic artificialities. The commonest device is to use, according to the needs of the moment, a word to which more than one meaning may be attached. With these words, which at the same time serve as political slogans to hypnotize the mass psyche, a cult suggestive of fetishism is carried on. The Marxist dialectic is essentially a word-fetishism.

Liberalism champions private property in the means of production because it expects a higher standard of living from such an economic organization, not because it wishes to help the owners. In the liberal economic system more would be produced than in the socialistic. The surplus would not benefit only the owners.

the Quantity Theory resembles various general theories of value (many versions of the doctrine of supply and demand, for example), which have not attempted to explain price as such but have been content to establish a law of price-variations.1

the subjective theory of value

the fundamental problem of the value of money.

What are the determinants of the objective exchange-value of money?

Why do they all loathe capitalism? Why do they, while en-joying the well-being capitalism bestows upon them, cast long-ing glances upon the "good old days" of the past and the miser-able conditions of the present-day Russian worker?

race and species are only general concepts, except in so far as they exist in the individual being'.

Omul este întotdeauna înclinat s?-È™i pun? norocul pe seama propriei sale eficienÈ›e È™i s?-l ia drept o binemeritat? recompens? a talentelor, aplicaÈ›iei È™i probit??ii sale. Dar întoarcerile norocului le pune întotdeauna pe seama altora È™i, mai ales, pe seama absurdit??ii instituÈ›iilor sociale È™i politice.

Lessing has said that Collectivism is nothing less than 'the cloak of tyranny'.

Soñar despierto con un mundo "justo" que lo trataría de acuerdo con su "valor real" es el refugio de todos aquellos plagados de falta de autoconocimiento.

Chi è incapace di servire il prossimo, vuole dominarlo.

arguments from authority are invalid; the proof of a theory is in its reasoning, not in its sponsorship;

Every sort of economic organization needs not only a mechanism for production but also a mechanism for distributing what is produced.

The smaller the input required for the production of an article becomes, the more of the scarce factors of production are left for the production of other articles. But the better an entrepreneur succeeds in this regard, the more is he vilified and the more is he soaked by taxation. Increasing costs per unit of output, that is, waste, is praised as a virtue.

the relations between the equilibrium rate of interest and the money rate of interest, which will be dealt with in the Third Part of this book.

However, in talking about equality and asking vehemently for its realization, nobody advocates a curtailment of his own present income. The term equality as employed in contemporary political language always means upward leveling of one's income, never downward leveling. It means getting more, not sharing one's own affluence with people who have less.

Matem os infiéis! Queimem os hereges! O que é novo é apenas o fato de que hoje em dia ele é vendido ao público sob o rótulo de "ciência".

People are anxious to endorse the tenets they consider as fashionable lest they appear boorish and backward.

Os discípulos de Jean-Jacques Rousseau que exultavam com a natureza e o estado paradisíaco do homem em seu estado natural não se deram conta do fato de que os meios de subsistência são escassos e que o estado natural do homem é a insegurança e a pobreza extrema.

In reviewing the determinants of the rate of interest, writers emphasize over and over again that it is not the greater or smaller quantity of money that is of importance, but the greater or smaller quantity of other economic goods.

Es cierto, habría sido una empresa sin esperanza atacar abiertamente la libertad y defender sinceramente un retorno al sometimiento y la esclavitud. Pero el antiliberalismo se apoderó de las mentes de las personas camufladas como superliberalismo, como el cumplimiento y la consumación de las mismas ideas de autodeterminación y libertad. Vino disfrazado de socialismo, comunismo y planificación.

If one treats men like cattle, one cannot squeeze out of them more than cattle-like performances.

there is no room for transactions which do not compensate for the risk of loss by the prospect of a gain.