Ludwig von Mises Quotes


Rulers do not like to admit that their power is restricted by any laws other than those of physics and biology. They never ascribe their failures and frustrations to the violation of economic law.


Citations

von Mises, Ludwig. Human Action: A Treatise on Economics. Yale University Press, 1949, p. 755.

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Ludwig von Mises
Ludwig von Mises
  • Born: September 29, 1881
  • Died: October 10, 1973
  • Nationality: Austrian
  • Profession: Economist

Ludwig Heinrich Edler von Mises was an Austrian School economist, historian, logician and sociologist. Mises wrote and lectured extensively on the societal contributions of classical liberalism. He is best known for his work on praxeology, a study of human choice and action.