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Ludwig von Mises: "Man is not, like the animals, an obsequious puppet of instincts and sensual impulses. Man has the power to suppress instinctive desires, he has a will of his own, he chooses between incompatible ends." - The Ultimate Foundation of Economic Science


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 only means of inducing a man to work more and better is to offer him a higher reward. It is vain to bait him with the joy of labor.Human Action p. 589; p. 592Work
Ludwig von MisesThe hired man does not owe the employer gratitude; he owes him a definite quantity of work of a definite kind and quality.Human Action p. 629; p. 634Work
Ludwig von MisesThe toiler looks at his work as a means for the attainment of an end sought, and the progress of his work delights him as an approach toward his goal. His joy is a foretaste of the satisfaction conveyed by the mediate gratification.Human Action p. 586; p. 589Work
Ludwig von MisesWorkers and consumers are, of course, identical.On the Manipulation of Money and Credit p. 179Workers
Ludwig von MisesThe laborer is an entrepreneur in so far as his wages are determined by the price the market allows for the kind of work he can perform. This price varies according to the change in conditions in the same way in which the price of every other factor of production varies.Human Action p. 255; p. 254Workers
Ludwig von MisesThe American worker is badly mistaken when he believes that his high standard of living is due to his own excellence.Planning for Freedom p. 136Workers
Ludwig von MisesThe improvement of well-being brought about by capitalism made it possible for the common man to save and thus to become in a modest way himself a capitalist.Planning for Freedom p. 160Workers
Ludwig von MisesEverybody is eager to charge for his services and accomplishments as much as the traffic can bear. In this regard there is no difference between the workers, whether unionized or not, the ministers and teachers on the one hand and the entrepreneurs on the other hand. Neither of them has the right to talk as if he were Francis dAssisi.Planning for Freedom p. 145Workers
Ludwig von MisesIn the market economy the worker sells his services as other people sell their commodities. The employer is not the employees lord. He is simply the buyer of services which he must purchase at their market price.Human Action p. 629; pp. 633-34Workers
Ludwig von MisesIt is not labor legislation and labor-union pressure that have shortened hours of work and withdrawn married women and children from the factories; it is capitalism, which has made the wage earner so prosperous that he is able to buy more leisure time for himself and his dependents. The nineteenth centurys labor legislation by and large achieved nothing more than to provide a legal ratification for changes which the interplay of market factors had brought about previously.Human Action p. 612; pp. 616-17Working Conditions