mises ludwig von

“Socialism is not in the least what is pretends to be. It is not the pioneer of a better and finer world, but the spoiler of what thousands of years of civilization have created. It does not build, it destroys. For destruction is the essence of it. It produces nothing, it only consumes what the social order based on private ownership in the means of production has created … Each step leading towards Socialism must exhaust itself in the destruction of what already exists.”

Ludwig von Mises

What pushes the masses into the camp of socialism is, even more than the illusion that socialism will make them richer, the expectation that it will curb all those who are better off than they themselves are.
—  Ludwig Von Mises (1881-1973) Austrian economist 
Private property creates for the individual a sphere in which he is free of the state. It sets limits to the operation of the authoritarian will. It allows other forces to arise side by side with and in opposition to political power. It thus becomes the basis of all those activities that are free from violent interference on the part of the state. It is the soil in which the seeds of freedom are nurtured…
—  Ludwig Von Mises (1881-1850) Austrian economist
F.A.Hayek, Free-Market Think Tanks, And Intellectual Entrepreneurs

“Boettke thinks that indirectly, Hayek inspired more think tanks that focus on policy work while those who like more ideological work tended to follow Mises. He writes, ‘pI think Mises is a more galvanizing ideological figure, whereas Hayek inspires scholars and academics,’ and adds 'I think Mises can also inspire academics, witness [Israel] Kirzner but also all his students from Vienna including Hayek. But this requires more work. We don’t immediately see the Mises of Theory of Money and Credit, or Epistemological Problems, or even Socialism, Liberalism, Interventionism, Bureaucracy, and Omnipotent Government. We don’t read how he gave rise to Lionel Robbins, Fritz Machlup, Gottfried Haberler, or Oskar Morgenstern, but instead we read him as an icon who opposed any deviation from laissez-faire. So he becomes a galvanizing figure.’ I concur with his views.”

By Alejandra Chafuen

Most men endure the sacrifice of the intellect more easily than the sacrifice of their daydreams. They cannot bear that their utopias should run aground on the unalterable necessities of human existence. What they yearn for is another reality different from the one given in this world… . They wish to be free of a universe of whose order they do not approve
—  Ludwig Von Mises  (1881-1973) Austrian economist 
The real bosses, in the capitalist system of market economy, are the consumers. They, by their buying and by their abstention from buying, decide who should own the capital and run the plants. They determine what should be produced and in what quantity and quality. Their attitudes result either in profit or in loss for the enterpriser. They make poor men rich and rich men poor.

The consumers are merciless. They never buy in order to benefit a less efficient producer and to protect him against the consequences of his failure to manage better. They want to be served as well as possible. And the working of the capitalist system forces the entrepreneur to obey the orders issued by the consumers.

The consumers are no easy bosses. They are full of whims and fancies, changeable and unpredictable. They do not care a whit for past merit. As soon as something is offered to them that they like better or that is cheaper, they desert their old purveyors. With them nothing counts more than their own satisfaction. They bother neither about the vested interests of capitalists nor about the fate of the workers who lose their jobs if as consumers they no longer buy what they used to buy.
—  Ludwig von Mises, Bureaucracy (1944)
It may indeed be true that the liberal economic order permits great differences in income, but that in no way involves exploitation of the poor by richer people. What the rich have they have not taken away from the poor; their surplus could not be more or less redistributed to the poor in the socialist society, since in that society it would not be produced at all.
—  Ludwig Von Mises  (1881-1973) Austrian economist