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Ludwig von Mises: "Human action is purposeful behavior." - Human Action

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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Ludwig von MisesThere was no reason whatever to abandon the principle of free enterprise in the field of banking.Human Action p. 440; p. 443Banking
Ludwig von MisesIt is extremely difficult for our contemporaries to conceive of the conditions of free banking because they take government interference with banking for granted and as necessary.Human Action p. 444; p. 447Banking
Ludwig von MisesWhat is needed to prevent any further credit expansion is to place the banking business under the general rules of commercial and civil laws compelling every individual and firm to fulfill all obligations in full compliance with the terms of the contract.Human Action p. 440; p. 443Banking
Ludwig von MisesImprudent granting of credit is bound to prove just as ruinous to a bank as to any other merchant.The Theory of Money and Credit p. 295Banking