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.
Ludwig Von MisesRead
People do not cooperate under the division of labor because they love or should love one another. They cooperate because this best serves their own interests. Neither love nor charity nor any other sympathetic sentiments but rightly understood selfishness is what originally impelled man to adjust himself to the requirements of society, to respect the rights and freedoms of his fellow men and to substitute peaceful collaboration for enmity and conflict.
Interpretation
Cooperation arises from self-interest rather than love or sympathy.
In this quote, Ludwig Von Mises emphasizes that the foundation of social cooperation stems from individuals acting in their own self-interest rather than out of love or altruism. By recognizing that people are motivated by their personal benefits, he illustrates how society can function effectively through peaceful collaboration, where mutual respect for rights and freedoms replaces conflict and enmity.
In practice
In a discussion about economics, one could use this quote to illustrate the motivations behind trade.
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.
Wars of aggression are popular nowadays with those nations convinced that only victory and conquest could improve their material well-being.
Only 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.
The most serious dangers for American freedom and the American way of life do not come from without.
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.
Each epoch has found in the Gospels what it sought to find there, and has overlooked what it wished to overlook.
Fear is proof of a degenerate mind.
The wind shows us how close to the edge we are.
In my view, all that is necessary for faith is the belief that by doing our best we shall come nearer to success and that success in our aims (the improvement of the lot of mankind, present and future) is worth attaining...I maintain that faith in this world is perfectly possible without faith in another world.
Perhaps you're not finished with your story, and who knows if you'll ever finish it or not. Honestly, it's not that important.
We don't recognize each other because other people have become our permanent mirrors. If we actually realized this, if we were able to become aware of the fact that we are only ever looking at ourselves in the other person, that we are alone in the wilderness, we would go crazy.
and never really thought I'd amount to anything. It was precisely what I wanted the whole world to think; then I could sneak in, if that's what they wanted, and sneak out again, which I did.
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