Ludwig von Mises Quotes

There is no such thing as a just and fair method of exercising the tremendous power that interventionism puts into the hands of the legislature and the executive.

 
Context
To Mises, “interventionism” is any government action that affects business and businessmen and women. In a large complex society, virtually every government action will benefit some more than others while harming some more than others. There are almost always winners and losers as a result of every government action. Most political philosophers see justice and fairness in benefitting the majority of people most of the time. However Mises and others observe that in a large complex society, in an absolute sense, politics and government can never be fair and just to all.
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-American theoretical Austrian School economist. Mises wrote and lectured extensively on behalf of classical liberalism. He is best known for his work on praxeology, a study of human choice and action.