Ludwig von Mises Quotes
The program of liberalism if condensed into a single word, would have to read: property, that is, private ownership of the means of production.
von Mises, Ludwig. Liberalism: In the Classical Tradition. Cobden Press, 1985, p. 19.
Most conservatives of today would be surprised that this fundamental notion evolved from the liberals when conservatives were advocating imperial monarchies and powerful states in control of all their resources.
After the Truman defeat of Republican candidate Thomas Dewey in 1948, Republicans were searching for ways to overcome the poor image that they had with many Americans, and one of the then preeminent advertising companies was assigned the task of analyzing the 1948 failure and making recommendations. This quotation comes from that report. This recommendation defined the Republican approach for the next decades.
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.