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Ludwig von Mises: "Big business depends entirely on the patronage of those who buy its products: the biggest enterprises loses its power and its influence when it loses its customers." - Economic Policy


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: Money, Method, and the Market Process
AuthorQuoteSourcePageSubject
Ludwig von MisesThe market economycapitalismis a social system of consumers supremacy.Money, Method, and the Market Process p. 233Capitalism
Ludwig von MisesCapitalism needs neither propaganda nor apostles. Its achievements speak for themselves. Capitalism delivers the goods.Money, Method, and the Market Process p. 242Capitalism
Ludwig von MisesThe problem of rendering the underdeveloped nations more prosperous cannot be solved by material aid. It is a spiritual and intellectual problem. Prosperity is not simply a matter of capital investment. It is an ideological issue. What the underdeveloped countries need first is the ideology of economic freedom and private enterprise.Money, Method, and the Market Process p. 173Economic Development
Ludwig von MisesWe must comprehend that it is impossible to improve the economic conditions of the underdeveloped nations by grants in aid. If we send them foodstuffs to fight famines, we merely relieve their governments from the necessity of abandoning their disastrous agricultural policies.Money, Method, and the Market Process p. 172Foreign Aid
Ludwig von MisesThe truth is that the United States is subsidizing all over the world the worst failure of history: socialism. But for these lavish subsidies the continuation of the socialist schemes would have become long since unfeasible.Money, Method, and the Market Process p. 173Foreign Aid
Ludwig von MisesIt is inconsistent to support a policy of low trade barriers. Either trade barriers are useful, then they cannot be high enough; or they are harmful, then they have to disappear completely.Money, Method, and the Market Process pp. 13536Free Trade
Ludwig von MisesIt is hopeless to expect a change by an international agreement. If a country thinks that more free trade is to its own advantage, then it may always open its frontiers.Money, Method, and the Market Process p. 136Free Trade
Ludwig von MisesIf we had gold coins in actual daily circulation everywhere in the world . . . the depreciation of gold would . . . not have taken place at all.Money, Method, and the Market Process p. 84Gold Standard
Ludwig von MisesEven if the fundamental difficulties standing in the way of index calculations could be overcome, the practical difficulties remaining would still be very great.Money, Method, and the Market Process p. 88Imperialism
Ludwig von MisesWhat makes natural science possible is the power to experiment; what makes social science possible is the power to grasp or to comprehend the meaning of human action.Money, Method, and the Market Process p. 9Natural Sciences
Ludwig von MisesReason is mans foremost equipment in the biological struggle for the preservation and expansion of his existence and survival. It would not have any function and would not have developed at all in the fools paradise.Money, Method, and the Market Process p. 35Reason
Ludwig von MisesSocialism is unrealizable as an economic system because a socialist society would not have any possibility of resorting to economic calculation. This is why it cannot be considered as a system of society's economic organization. It is a means to disintegrate social cooperation and to bring about poverty and chaos.Money, Method, and the Market Process p. 310Socialism
Ludwig von MisesThe socialists of Eastern Germany, the self-styled German Democratic Republic, spectacularly admitted the bankruptcy of the Marxian dreams when they built a wall to prevent their comrades from fleeing into the non-socialist part of Germany.Money, Method, and the Market Process p. 231Socialism