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.

...it is solely bigness in business which makes it possible to supply the masses with all those products the present-day read more

...it is solely bigness in business which makes it possible to supply the masses with all those products the present-day American common man does not want to do without. Luxury goods for the few can be produced in small shops. Luxury goods for the many require big business.

Society is only possible on these terms, that the individual finds therein a strengthening of his own ego and his read more

Society is only possible on these terms, that the individual finds therein a strengthening of his own ego and his own will.

The worst evils which mankind has ever had to endure were inflicted by bad governments. The state can be and read more

The worst evils which mankind has ever had to endure were inflicted by bad governments. The state can be and has often been in the course of history the main source of mischief and disaster.

Manufacturing and commercial monopolies owe their origin not to a tendency imminent in a capitalist economy but to governmental interventionist read more

Manufacturing and commercial monopolies owe their origin not to a tendency imminent in a capitalist economy but to governmental interventionist policy directed against free trade and laissez faire.