It is completely in accord with the etatist thinking prevalent everywhere today to consider a theory to be finally disposed of merely because the authorities who control appointments to academic positions, want to know nothing of it, and to see the criterion of truth in the approval of a government office. β¨ Ludwig Von Mises (1960). Epistemological Problems of Economics, p.196, Ludwig von Mises Institute
More Author Quotes
- The market economy is the social system of the division of labor under private ownership of the means of production. Everybody acts on his own behalf; but everybodys actions aim at the satisfaction o β¦ βΆ
- Production is not something physical, material, and external; it is a spiritual and intellectual phenomenon. β¨ Ludwig Von Mises (1963). Human action: a treatise on economics
- 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.
- War is harmful, not only to the conquered but to the conqueror. Society has arisen out of the works of peace; the essence of society is peacemaking. Peace and not war is the father of all things. Onl β¦ βΆ
- Capitalism or market economy is that system of social cooperation and division of labor that is based on private ownership of the means of production. β¨ Ludwig Von Mises (1969). Bureaucracy, ICON Gro β¦ βΆ
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