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All rational action is economic. All economic activity is rational action. All rational action is in the first place individual action. Only the indi… - Ludwig von Mises
" "All rational action is economic. All economic activity is rational action. All rational action is in the first place individual action. Only the individual thinks. Only the individual reasons. Only the individual acts.
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About Ludwig von Mises
Ludwig Heinrich Edler von Mises (29 September 1881 – 10 October 1973) was an Austrian economist, philosopher, author and classical liberal who had a significant influence on the modern libertarian movement and the Austrian School of economics.
Biography information from Wikiquote
Also Known As
Native Name:
Ludwig Heinrich Edler von Mises
Alternative Names:
Ludwig Heinrich Mises
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It is an established fact that alcoholism, cocainism, and morphinism are deadly enemies of life, of health, and of the capacity for work and enjoyment... But this is far from demonstrating that the authorities must interpose to suppress these vices by commercial prohibitions...More harmful still than all these pleasures, many will say, is the reading of evil literature.
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