If one rejects laissez faire on account of man's fallibility and moral weakness, one must for the same reason also reject every kind of government ac… - Ludwig von Mises

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

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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.

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Also Known As

Native Name: Ludwig Heinrich Edler von Mises
Alternative Names: Ludwig Heinrich Mises
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Additional quotes by Ludwig von Mises

Under capitalism the common man enjoys amenities which in ages gone by were unknown and therefore inaccessible even to the richest people. But, of course, these motorcars, television sets and refrigerators do not make a man happy. In the instant in which he acquires them, he may feel happier than he did before. But as soon as some of his wishes are satisfied, new wishes spring up. Such is human nature.

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