Ludwig von Mises

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.

People do not cooperate under the division of labor because they love or should love one another. They cooperate because read more

People do not cooperate under the division of labor because they love or should love one another. They cooperate because this best serves their own interests. Neither love nor charity nor any other sympathetic sentiments but rightly understood selfishness is what originally impelled man to adjust himself to the requirements of society, to respect the rights and freedoms of his fellow men and to substitute peaceful collaboration for enmity and conflict.

The meaning of economic freedom is this: that the individual is in a position to choose the way in which read more

The meaning of economic freedom is this: that the individual is in a position to choose the way in which he wants to integrate himself into the totality of society.

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 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.