Wars of aggression are popular nowadays with those nations convinced that only victory and conquest could improve their material well-being.
Ludwig Von MisesRead
The idea that political freedom can be preserved in the absence of economic freedom, and vice versa, is an illusion. Political freedom is the corollary of economic freedom.
Interpretation
What this quote means
Political freedom is inherently linked to economic freedom, and one cannot exist without the other.
Ludwig Von Mises argues that the concepts of political and economic freedom are deeply interconnected. He suggests that believing one can have political freedom without the support of economic freedom, or vice versa, is a misguided notion. True liberty in a society requires both forms of freedom to coexist, as they empower individuals and support the framework of a democratic and prosperous society.
Themes
FreedomPoliticsEconomicsLibertyIllusion
In practice
Example use cases
During a political debate on the importance of civil liberties, this quote highlights the need for economic reform.
More from Ludwig Von Mises
All quotes βOnly stilted pedants can conceive the idea that there are absolute norms to tell what is beautiful and what is not. They try to derive from the works of the past a code of rules with which, as they fancy, the writers and artists of the future should comply. But the genius does not cooperate with the pundit.
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The most serious dangers for American freedom and the American way of life do not come from without.
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The public firm can nowhere maintain itself in free competition with the private firm; it is possible today only where it has a monopoly that excludes competition. Even that alone is evidence of its lesser economic productivity.
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Each epoch has found in the Gospels what it sought to find there, and has overlooked what it wished to overlook.
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Whoever prefers life to death, happiness to suffering, well-being to misery must defend without compromise private ownership in the means of production.
Ludwig Von MisesRead
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