Human action is purposeful behavior.
Economists
Ludwig von Mises
Born in Lemberg 1881, Mises systematized Austrian economics through praxeology. His socialist calculation argument proved central planning cannot allocate rationally. Via Hayek and Rothbard, he shaped libertarianism.
View this figure's profile
Ludwig von Mises's Other Quotes
Economics deals with society's fundamental problems; it concerns everyone and belongs to all. It is the main and proper study of every citizen.
The worst evils which mankind has ever had to endure were inflicted by bad governments.
Government is the only institution that can take a valuable commodity like paper, and make it worthless by applying ink.
Related Quotes
This man might be the one to seize the realm.
-- Kuroda Yoshitaka
Fortune lies in heaven. Armor lies in the heart. Achievement lies in the legs.
-- Uesugi Kenshin
In war, a victory of sixty percent is the best. Total victory breeds complacency.
-- Takeda Shingen
I do not mind hardship — only let it be hardship that matters.
-- Takasugi Shinsaku
Making this uninteresting world interesting.
-- Takasugi Shinsaku
An army's strength lies not in numbers, but in discipline.
-- Wu Qi