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Ludwig von Mises: "Only stilted pedants can conceive the idea that there are absolute norms to tell what is beautiful and what is not. They try to derive from the works of the past a code of rules with which, as they fancy, the writers and artists of the future should comply. But the genius does not cooperate with the pundit." - Theory and History

Quotable MisesThis database of quotations from Mises was prepared for The Quotable Mises edited by Mark Thornton, available from the Mises Institute store for $20. Send corrections to the editor. Here is a source page on the editions of the books referenced.

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Top> Browse by source: A Critique of Interventionism
Ludwig von MisesA government enterprise can never be commercialized no matter how many external features of private enterprise are superimposed on it.A Critique of Interventionism p. 159Bureaucracy
Ludwig von MisesEconomic knowledge necessarily leads to liberalism.A Critique of Interventionism p. 86Classical Liberalism
Ludwig von MisesCompetition takes place among producers and sellers not only within each individual branch of production, but also between all related goods, and in the final analysis, between all economic goods.A Critique of Interventionism p. 48Competition
Ludwig von MisesThe sharper the competition, the better it serves its social function to improve economic production.A Critique of Interventionism p. 84Competition
Ludwig von MisesThe corruption of the regulatory bodies does not shake his blind confidence in the infallibility and perfection of the state; it merely fills him with moral aversion to entrepreneurs and capitalists.A Critique of Interventionism p. 30Corruption
Ludwig von MisesBut for a few dozen individuals all over the globe are cognizant of economics, and no statesman or politician cares about it.A Critique of Interventionism p. 106Economics
Ludwig von MisesIt cannot be denied that everyone is inclined...to overestimate his own credit rating, and call the rates demanded by creditors too high.A Critique of Interventionism p. 49Interest rate
Ludwig von MisesPublic opinion always wants easy money, that is, low interest rates.A Critique of Interventionism p. 163Interest rate
Ludwig von MisesIf all interventionist laws were really to be observed they would soon lead to absurdity.A Critique of Interventionism p. 30Interventionism
Ludwig von MisesEvery innovation makes its appearance as a luxury of the few well-to-do. After industry has become aware of it, the luxury then becomes a necessity for all.A Critique of Interventionism p. 158Luxuries
Ludwig von MisesA great deal of what people in less capitalistic countries consider luxury is a common good in the more capitalistically developed countries.A Critique of Interventionism p. 158Luxuries
Ludwig von MisesFor Marx and his parties, the interests of the individual classes are irreconcilably opposed to each other. Each class knows precisely what his class interests are and how to realize them. Therefore, there can only be warfare.A Critique of Interventionism p. 118Marxism
Ludwig von MisesHe who does not know how to safeguard his equilibrium when surrounded by motorcycles and telephones will not find it in the jungle or desert.A Critique of Interventionism p. 130Nature
Ludwig von MisesGovernment cannot make man richer, but it can make him poorer.A Critique of Interventionism p. 23Prosperity
Ludwig von MisesIt is a sickly weakness of nerves that urges one to seek harmonious personality growth in past ages and remote places.A Critique of Interventionism p. 130Retreatism
Ludwig von MisesClassical liberalism regarded those laws best that afforded the least discretionary power to executive authorities, thus avoiding arbitrariness and abuse. The modern state seeks to expand its discretionary powereverything is to be left to the discretion of officials.A Critique of Interventionism pp. 3132Rule of Law
Ludwig von MisesNo science can avoid abstract concepts, and he who abhors them should stay away from science and see whether and how he can go through life without them.A Critique of Interventionism p. 89Science
Ludwig von MisesSocialism and democracy are irreconcilable.A Critique of Interventionism p. 79Socialism
Ludwig von MisesThe critics of the capitalistic order always seem to believe that the socialistic system of their dreams will do precisely what they think correct.A Critique of Interventionism pp. 15657Socialism
Ludwig von MisesThe only case that can be made on behalf of protective tariffs is this: the sacrifices they impose could be offset by other, noneconomic advantagesfor instance, from a national and military point of view it could be desirable to more or less isolate a country from the world.A Critique of Interventionism p. 23Tariffs
Ludwig von MisesThe labor unions of the Anglo-Saxon countries favored participation in the Great War in order to eliminate the last remnants of the liberal doctrine of free movement and migration of labor.A Critique of Interventionism p. 123Unions
Ludwig von MisesWars, foreign and domestic (revolutions, civil wars), are more likely to be avoided the closer the division of labor binds men.A Critique of Interventionism p. 115War and Peace
Ludwig von MisesLogic is consistent in every science. A Critique of Interventionismp. 86Logic