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Ludwig von Mises: "In the capitalist society there is a place and bread for all. Its ability to expand provides sustenance for every worker. Permanent unemployment is not a feature of free capitalism." - Socialism

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 subject: Uncertainty
Ludwig von MisesThe most that can be attained with regard to reality is probability.Human Action p. 105; p. 105Uncertainty
Ludwig von MisesUnderstanding is always based on incomplete knowledge.Human Action p. 112; p. 112Uncertainty
Ludwig von MisesThere is in the course of human events no stability and consequently no safety.Human Action p. 113; p. 113Uncertainty
Ludwig von MisesIn the universe there is never and nowhere stability and immobility. Change and transformation are essential features of life. Each state of affairs is transient; each age is an age of transition. In human life there is never calm and repose. Life is a process, not a perseverance in a status quo.The Anti-Capitalistic Mentality p. 106Uncertainty
Ludwig von MisesIt is certainly true that the necessity of adjusting oneself again and again to changing conditions is onerous. But change is the essence of life. In an unhampered market economy the absence of security, i.e., the absence of protection for vested interests, is the principle that makes for a steady improvement in material well-being.Human Action p. 848; p. 852Uncertainty
Ludwig von MisesIt is a poor makeshift to call any age an age of transition. In the living world there is always change. Every age is an age of transition.Human Action p. 855; p. 860Uncertainty
Ludwig von MisesOne of the fundamental conditions of mans existence and action is the fact that he does not know what will happen in the future.Theory and History p. 180Uncertainty
Ludwig von MisesWhat a man can say about the future is always merely speculative anticipation.Theory and History p. 203Uncertainty