Quote #11
All rational action is in the first place individual action. Only the individual thinks. Only the individual reasons. Only the individual acts. -- Socialism, p. 97
More from Ludwig von Mises
- . . . [A]s soon as we surrender the principle that the state should not interfere in any questions touching on the individual's mode of lif…
- All varieties of interference with the market phenomena not only fail to achieve the ends aimed at by their authors and supporters, but bri…
- This, then, is freedom in the external life of man - that he is independent of the arbitrary power of his fellows.
- He who disdains the fall in infant mortality and the gradual disappearance of famines and plagues may cast the first stone upon the materia…
- No wonder that all who have had something new to offer humanity have had nothing good to say of the state or its laws.
- Every specific tax, as well as the nation's whole tax system, becomes self-defeating above a certain height of the rates.
- If history could teach us anything, it would be that private property is inextricably linked with civilization.
- Profits are the driving force of the market economy. The greater the profits, the better the needs of the consumers are supplied.