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The Ludwig von Mises Institute

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Ludwig von Mises: "There is no such thing as an absolute notion of justice not referring to a definite system of social organization. . . . There is neither right nor wrong outside the social nexus." - 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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AuthorQuoteSourcePageSubject
Ludwig von MisesThe main and only concern of the Austrian economists was to contribute to the advancement of economics. They never tried to win the support of anybody by other means than by the convincing power developed in their books and articles. Austrian Economics: An Anthology p. 72Austrian economists
Ludwig von MisesThose whom the world called the Austrian economists were, in the Austrian universities, somewhat reluctantly tolerated outsiders.Austrian Economics: An Anthology p. 56Austrian economists
Ludwig von MisesWhat distinguishes the Austrian School and will lend it everlasting fame is its doctrine of economic action, in contrast to one of economic equilibrium or nonaction.Notes and Recollections p. 36Austrian economists
Ludwig von MisesThere is, in fact, in the writings and teaching of those who nowadays call themselves economists, no longer any comprehension of the operation of the economic system as such.Economic Freedom and Interventionism p. 154Economists
Ludwig von MisesIn the same way in which it is impossible for a mathematician to specialize in triangles and to neglect the study of circles, it is impossible to be an expert on wage rates without at the same time mastering the problems of profits and interest, commodity prices, and currency and banking.Economic Freedom and Interventionism p. 234Economists