Ludwig von Mises

Each epoch has found in the Gospels what it sought to find there, and has overlooked what it wished to read more

Each epoch has found in the Gospels what it sought to find there, and has overlooked what it wished to overlook.

Economics is a theoretical science and as such abstains from any judgement of value. It is not its task to read more

Economics is a theoretical science and as such abstains from any judgement of value. It is not its task to tell people what ends they should aim at. It is a science of the means to be applied for attainment of ends chosen, not, to be sure, a science of the choosing of ends. Ultimate decisions, the valuations and the choosing of ends, are beyond the scope of any science. Science never tells a man how he should act; it merely shows how a man must act if he wants to attain definite ends.

Value is not intrinsic; it is not in things. It is within us; it is the way in which man read more

Value is not intrinsic; it is not in things. It is within us; it is the way in which man reacts to the conditions of his environment.

The methods of the natural sciences cannot be applied to human behavior because this behavior...lacks the peculiarity that characterizes events read more

The methods of the natural sciences cannot be applied to human behavior because this behavior...lacks the peculiarity that characterizes events in the field of the natural sciences, viz., regularity.

Society cannot contribute anything to the breeding and growing of ingenious men. A creative genius cannot be trained. There are read more

Society cannot contribute anything to the breeding and growing of ingenious men. A creative genius cannot be trained. There are no schools for creativeness. A genius is precisely a man who defies all schools and rules, who deviates from the traditional roads of routine and opens up new paths through land inaccessible before. A genius is always a teacher, never a pupil; he is always self-made.