Ludwig von Mises

Action based on reason, action therefore which is only to be understood by reason, knows only one end, the greatest read more

Action based on reason, action therefore which is only to be understood by reason, knows only one end, the greatest pleasure of the acting individual.

The main political problem is how to prevent the police power from becoming tyrannical. This is the meaning of all read more

The main political problem is how to prevent the police power from becoming tyrannical. This is the meaning of all the struggles for liberty.

The avowed aim of all utopian movements is to put an end to history and to establish a final and read more

The avowed aim of all utopian movements is to put an end to history and to establish a final and permanent calm.

It is not conclusive proof of a doctrine's correctness that its adversaries use the police, the hangman, and violent mobs read more

It is not conclusive proof of a doctrine's correctness that its adversaries use the police, the hangman, and violent mobs to fight it. But it is a proof of the fact that those taking recourse to violent oppression are in their subconsciousness convinced of the untenability of their own doctrines.

Competition on the market aims at assigning to every individual that function in the social system in which he can read more

Competition on the market aims at assigning to every individual that function in the social system in which he can render to all his fellow men the most valuable of the services he is able to perform.