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All those not familiar with economics (i.e., the immense majority) do not see any reason why they should not coerce other people by means of force to do what these people are not prepared to do of their own accord.The Historical Setting of the Austrian School of Economicsp. 20Economics
As conditions are today, nothing can be more important to every intelligent man than economics. His own fate and that of his progeny is at stake.Human Actionp. 875; p. 878Economics
But for a few dozen individuals all over the globe are cognizant of economics, and no statesman or politician cares about it.A Critique of Interventionismp. 106Economics
Economics is not about goods and services; it is about human choice and action.Human Actionp. 491; p. 494Economics
Economics is not specifically about business; it deals with all market phenomena and with all their aspects, not only with the activities of a businessman.The Ultimate Foundation of Economic Sciencep. 77Economics
Economics must not be relegated to classrooms and statistical offices and must not be left to esoteric circles. It is the philosophy of human life and action and concerns everybody and everything. It is the pith of civilization and of mans human existence.Human Actionp. 874; p. 878Economics
Everything that we say about action is independent of the motives that cause it and of the goals toward which it strives in the individual case.Epistemological Problems of Economicsp. 34Economics
In all ages the pioneer in scientific thought has been a solitary thinker. But never has the position of the scientist been more solitary than in the field of modern economics.Epistemological Problems of Economicsp. 202Economics
No very deep knowledge of economics is usually needed for grasping the immediate effects of a measure; but the task of economics is to foretell the remoter effects, and so to allow us to avoid such acts as attempt to remedy a present ill by sowing the seeds of a much greater ill for the future.The Theory of Money and Creditp. 23Economics
Only by letting fall morsels of statistics is it possible for the economic theorist to maintain his prestige.The Theory of Money and Creditp. 216Economics
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