All LUDWIG VON MISES Quotes about “Mistakes”

“Freedom really means the freedom to make mistakes.”
“Monetary calculation is not the calculation, and certainly not the measurement, of value. Its basis is the comparison of the more important and the less important. It is an ordering according to rank, an act of grading (Cuhel), and not an act of measuring. It was a mistake to search for a measure of the value of goods. In the last analysis, economic calculation does not rest on the measurement of values, but on their arrangement in an order of rank.”

More Ludwig von Mises quote about:

You may also like:

Adam Smith
Philosopher
Ayn Rand
Novelist
Carl Menger
Economist
Frederic Bastiat
Economist
Friedrich August von Hayek
Economist
Hans-Hermann Hoppe
Economist
Henry Hazlitt
Journalist
John Maynard Keynes
Economist
Llewellyn Rockwell
Author
Milton Friedman
Economist
Murray Rothbard
Economist
James M. Buchanan
Economist