Ludwig von Mises Quotes


The program of liberalism, therefore, if condensed into a single word, would have to read: property, that is, private ownership of the means of production... All the other demands of liberalism result from his fundamental demand.


Context

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.


Citations

Ludwig von Mises, 1881-1973, Austrian Economist & Political Philosopher, Liberalism, 1927

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Related Quotes

While generally true, Mises here again exaggerates his “proof” by selectively ignoring or being ignorant of counter-examples. The Roman Catholic Church is a classic counter-example where priests, monks, and others owned nothing as individuals, but produced some great science (eg Gregor Mendel), art (the illuminated texts of the middle ages), literature (St Thomas Aquinas, etc). The best counter example that was just evident in the last decade of Misis’ life is Communist Russia. Russian science was better than Fance and Germany and second only to the United States. The Russian ballet and orchestras were second to none. Great literature came out of the Soviet Union and the best of it complained about and attacked the Soviet system of the times. In general, Mises principle tended to be correct throughout history but not always as he dogmatically stated.


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.