The Liberty Archive Free Capitalists

Chapter 214 of 234 · The Quotable Mises by Ludwig von Mises

Technology

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What begot all those technological and therapeutical achievements that characterize our age was not science, but the social and political system of capitalism. Only in the climate of huge capital accumulation could experimentalism develop from a pastime of geniuses like Archimedes and Leonardo da Vinci into a well-organized systematic pursuit of knowledge.

The Ultimate Foundation of Economic Science, p. 127

The research activities of the experimental natural sciences are in themselves neutral with regard to any philosophical and political issue. But they can thrive and become beneficial for mankind only where there prevails a social philosophy of individualism and freedom.

The Ultimate Foundation of Economic Science, p. 128

The Quotable Mises

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