Even in ancient times general recognition must have been accorded to the view which later in the shape of the maxim pecunia pecuniam parere non potest was to be the basis of all discussion of the problem of interest for hundreds and even thousands of years, and Aristotle undoubtedly did not state it in the famous passage in his Politics as a new doctrine but as a generally-accepted commonplace.2.

— Ludwig von Mises

Ludwig von Mises Quotes

Every expansion of the personal division of labour brings advantages to all who take part in it.

— Ludwig von Mises

Production is quite possible without money. There is no need for money either in the isolated household or in the socialized community. Nowhere can we discover a good of the first order of which we could say that the use of money was a necessary condition of its production.

— Ludwig von Mises

Freedom and liberty always refer to interhuman relations. A man is free as far as he can live and get on without being at the mercy of arbitrary decisions on the part of other people. In the frame of society everybody depends upon his fellow citizens. Social man cannot become independent without forsaking all the advantages of social cooperation. The self-sufficient individual is independent, but he is not free. He is at the mercy of everybody who is stronger than himself.

— Ludwig von Mises

It is not from a disdain of spiritual goods that liberalism concerns itself exclusively with man’s material well-being, but from a conviction that what is highest and deepest in man cannot be touched by any outward regulation.

— Ludwig von Mises

What makes Bolshevism strong is not the Soviets’ artillery and machine-guns but the fact that the whole world receives its ideas sympathetically.

— Ludwig von Mises

Even in ancient times general recognition must have been accorded to the view which later in the shape of the maxim pecunia pecuniam parere non potest was to be the basis of all discussion of the problem of interest for hundreds and even thousands of years, and Aristotle undoubtedly did not state it in the famous passage in his Politics as a new doctrine but as a generally-accepted commonplace.2.

— Ludwig von Mises

Marx and Engels never tried to refute their opponents with argument. They insulted, ridiculed, derided, slandered, and traduced them, and in the use of these methods their followers are not less expert. Their polemic is directed never against the argument of the opponent, but always against his person.

— Ludwig von Mises

Man’s most characteristic mark is that he never ceases in endeavors to advance his well-being by purposive activity.

— Ludwig von Mises

Perhaps the grumbler will object on the ground that he considers p a vital commodity, much more important than q, and that therefore the production of p should be expanded and that of q restricted. If this is really the meaning of his criticism, he is at variance with the valuations of the consumers. He throws off his mask and shows his dictatorial aspirations. Production should not be directed by the wishes of the public but by his own despotic discretion.

— Ludwig von Mises

If Capitalism improves the economic position all round, it is of secondary importance that it does not raise all to the same level. A social order is not bad simply because it helps one more than the other.

— Ludwig von Mises

I set out to be a reformer, but only became the historian of decline.

— Ludwig von Mises

The characteristic feature of militarism is not the fact that a nation has a powerful army or navy. It is the paramount role assigned to the army within the political structure. Even in peacetime the army is supreme; it is the predominant factor in political life. The subjects must obey the government as soldiers must obey their superiors. Within a militarist community there is no freedom; there are only obedience and discipline.

— Ludwig von Mises

Liberalism has no admiration to spare for the heroic grandiosity of Marxism’s professional revolutionaries, who stake the lives of thousands and destroy values which the labour of decades and centuries has created. Here the economic principle holds good: Liberalism wants success at the smallest price.

— Ludwig von Mises

Wall Street, against which the self-styled idealists are battling, is merely a symbol. But the walls of the Soviet prisons within which all dissenters disappear forever are a hard fact.

— Ludwig von Mises

Only experience, they maintain, is to be relied upon. But is there any experience that would speak in favor of socialism?

— Ludwig von Mises

Repression by brute force is always a confession of the inability to make use of the better weapons of the intellect – better because they alone give promise of final success. This is the fundamental error from which Fascism suffers and which will ultimately cause its downfall.

— Ludwig von Mises

The Marxist dialectic is essentially word-fetishism. Every article of the faith is embodied in a word fetish whose double or even multiple meaning makes it possible to unite incompatible ideas and demands. The interpretation of these words, as intentionally ambiguous as the words of the Delphic Pythia, eventually brings the different parties to blows, and everyone quotes in his favour passages from the writings of Marx and Engels to which authoritative importance is attached.

— Ludwig von Mises

The incomparable success of Marxism is due to the prospect it offers of fulfilling those dream-aspirations and dreams of vengeance which have been so deeply embedded in the human soul from time immemorial. It promises a Paradise on earth, a Land of Hearts’ Desire full of happiness and enjoyment, and – sweeter still to the losers in life’s game – humiliation of all who are stronger and better than the multitude.

— Ludwig von Mises

The Bolshevists persistently tell us that religion is opium for the people. Marxism is indeed opium for those who might take to thinking and must therefore be weaned from it.

— Ludwig von Mises

The equality Liberalism creates is equality before the Law; it has never sought any other. From the liberal point of view, therefore, criticism which condemns this equality as inadequate – maintaining that true equality is full equality of income through equal distribution of commodities – is unjustified.

— Ludwig von Mises
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