Is precisely in market dealings that market prices are formed for all kinds of goods and services, which will be taken as the bases of calculation. Where there is no free market, there is no pricing mechanism; without a pricing mechanism, there is no economic calculation."
"eben im Marktverkehr für alle Arten von verwendeten Gütern und Arbeiten Marktpreise gebildet werden, die zur Grundlage der Rechnung genommen werden können. Wo der freie Marktverkehr fehlt, gibt es keine Preisbildung; ohne Preisbildung gibt es keine Wirtschaftsrechnung.
Tags: socialism prices ludwig-von-mises economic-calculation market-system
War prosperity is like the prosperity that an earthquake or a plague brings.
Ludwig von MisesTags: economics social-science
As regards the social apparatus of repression and coercion, the government, there cannot be any question of freedom. Government is essentially the negation of liberty. It is the recourse to violence or threat of violence in order to make all people obey the orders of the government, whether they like it or not. As far as the government’s jurisdiction extends, there is coercion, not freedom. Government is a necessary institution, the means to make the social system of cooperation work smoothly without being disturbed by violent acts on the part of gangsters whether of domestic or of foreign origin. Government is not, as some people like to say, a necessary evil; it is not an evil, but a means, the only means available to make peaceful human coexistence possible. But it is the opposite of liberty. It is beating, imprisoning, hanging. Whatever a government does it is ultimately supported by the actions of armed constables.
Ludwig von MisesTags: libertarian
In Nature too, much may exist that we do not like. But we cannot change the essential character of natural events. If, for example, someone thinks — and there are some who have maintained as much — that the way in which man ingests his food, digests it, and incorporates it into his body is disgusting, one cannot argue the point with him. One must say to him: There is only this way or starvation.
Ludwig von MisesPraxeology is a theoretical and systematic, not a historical, science. Its scope is human action as such, irrespective of all environmental, accidental, and individual circumstances of the concrete acts. Its cognition is purely formal and general without reference to the material content and the particular features of the actual case. It aims at knowledge valid for all instances in which the conditions exactly correspond to those implied in its assumptions and inferences. Its statements and propositions are not derived from experience. They are, like those of logic and mathematics, a priori. They are not subject to verification or falsification on the ground of experience and facts.
Ludwig von MisesTags: science reality economics libertarianism empiricism falsification pseudoscience
A new type of superstition has got hold of people's minds, the worship of the
state. People demand the exercise of the methods of coercion and compulsion,
of violence and threat. Woe to anybody who does not bend his knee to the
fashionable idols!
Tags: politics society religion violence government superstition worship
the root of the opposition to liberalism cannot be reached by resort to the method of reason. This opposition does not stem from reason, but from a pathological mental attitude, from resentment and from a neurasthenic condition that one might call a Fourier complex, after the French socialist of that name
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