On this day, Sept 29, Ludwig von Mises was born in 1881. Happy Birthday, dear Ludwig.
“He who is unfit to serve his fellow citizens wants to rule them.”
― Ludwig von Mises
Bureaucracy
“All rational action is in the first place individual action. Only the individual thinks. Only the individual reasons. Only the individual acts.”
― Ludwig von Mises
Socialism: An Economic and Sociological Analysis
“The body of economic knowledge is an essential element in the structure of human civilization; it is the foundation upon which modern industrialism and all the moral, intellectual, technological, and therapeutical achievements of the last centuries have been built. It rests with men whether they will make the proper use of the rich treasure with which this knowledge provides them or whether they will leave it unused. But if they fail to take the best advantage of it and disregard its teachings and warnings, they will not annul economics; they will stamp out society and the human race.”
― Ludwig von Mises
Human Action: A Treatise on Economics (1949)
Treasure! These three quotes are pure treasure! Thanks Atanu for starting my day with brilliance.
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