A higher standard of living also brings about a higher standard of culture and civilization.
Ludwig von MisesHuman civilization is not something achieved against nature; it is rather the outcome of the working of the innate qualities of man.
Ludwig von MisesEconomics is not about things and tangible material objects; it is about men, their meanings and actions.
Ludwig von MisesHe who acts under an emotional impulse also acts. What distinguishes an emotional action from other actions is the valuation of input and output. Emotions disarrange valuations. Inflamed with passion, man sees the goal as more desirable and the price he has to pay for it as less burdensome than he would in cool deliberation.
Ludwig von Mises