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Ludwig von Mises Quotes: Action is an attempt to substitute a more satisfactory state of affairs for a less satisfactory one. We call such a willfully induced alteration an exchange.
         

Action is an attempt to substitute a more satisfactory state of affairs for a less satisfactory one. We call such a willfully induced alteration an exchange.


Ludwig von Mises
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Other quotes of Ludwig von Mises


Innovators and creative geniuses cannot be reared in schools. They are precisely the men who defy what the school has taught them.

Innovators and creative geniuses cannot be reared in schools. They are precisely the men who defy what the school has taught them.



The worst evils which mankind has ever had to endure were inflicted by bad governments.

The worst evils which mankind has ever had to endure were inflicted by bad governments.



[E]conomic history is a long record of government policies that failed because they were designed with a bold disregard for the laws of economics

[E]conomic history is a long record of government policies that failed because they were designed with a bold disregard for the laws of economics



The real bosses, in the capitalist system of market economy, are the consumers.

The real bosses, in the capitalist system of market economy, are the consumers.



Government cannot make man richer, but it can make him poorer.

Government cannot make man richer, but it can make him poorer.



The root of the evil is not the construction of new, more dreadful weapons. It is the spirit of conquest.

The root of the evil is not the construction of new, more dreadful weapons. It is the spirit of conquest.



If one rejects laissez faire on account of mans fallibility and moral weakness, one must for the same reason also reject every kind of government action.

If one rejects laissez faire on account of mans fallibility and moral weakness, one must for the same reason also reject every kind of government action.



The main political problem is how to prevent the police power from becoming tyrannical. This is the meaning of all the struggles for liberty.

The main political problem is how to prevent the police power from becoming tyrannical. This is the meaning of all the struggles for liberty.



Manufacturing and commercial monopolies owe their origin not to a tendency imminent in a capitalist economy but to governmental interventionist policy directed against free trade and laissez faire.

Manufacturing and commercial monopolies owe their origin not to a tendency imminent in a capitalist economy but to governmental interventionist policy directed against free trade and laissez faire.



Capitalism needs neither propaganda nor apostles. Its achievements speak for themselves. Capitalism delivers the goods.

Capitalism needs neither propaganda nor apostles. Its achievements speak for themselves. Capitalism delivers the goods.





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Irony has only emergency use. Carried over time it is the voice of the trapped who have come to enjoy their cage.

Irony has only emergency use. Carried over time it is the voice of the trapped who have come to enjoy their cage.



I don't call myself an expert because I've played experts. I know a little bit about very little. But it's very hard to not be drawn into saying something, especially if it has to do with the work.

I don't call myself an expert because I've played experts. I know a little bit about very little. But it's very hard to not be drawn into saying something, especially if it has to do with the work.



You don't sell a commodity, you sell joy, gaiety, excitement. You aim at people's hearts, not their minds.

You don't sell a commodity, you sell joy, gaiety, excitement. You aim at people's hearts, not their minds.



charm should be on the surface. It has no hidden use.

charm should be on the surface. It has no hidden use.



In every Revolution a dictator is needed to save the state by force, or censors to save it by virtue.

In every Revolution a dictator is needed to save the state by force, or censors to save it by virtue.



Be content to seem what you really are.

Be content to seem what you really are.



My career has been up and down, and I like it much better being up.

My career has been up and down, and I like it much better being up.



We were not sent by Father in Heaven just to be born. We were sent to endure and return to Him with honor.

We were not sent by Father in Heaven just to be born. We were sent to endure and return to Him with honor.



It is an illusion to suppose that a Dictator makes himself; at most he seizes an opportunity made for him by passive, stupid, incompetent, and above all, unsatisfied and fearful men.

It is an illusion to suppose that a Dictator makes himself; at most he seizes an opportunity made for him by passive, stupid, incompetent, and above all, unsatisfied and fearful men.




Quote Description


This page presents the quote "Action is an attempt to substitute a more satisfactory state of affairs for a less satisfactory one. We call such a willfully induced alteration an exchange.". Author of this quote is Ludwig von Mises. This quote is about libertarian, action, needs,.