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
He 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.
Interpretation
What this quote means
Emotional impulses can skew our judgment and decision-making.
This quote by Ludwig Von Mises highlights how emotions can impact our perceptions of value when making decisions. When driven by passion, individuals tend to view their goals as more appealing and underestimate the costs associated with achieving them, which can lead to irrational choices compared to a more logical or detached consideration of the situation.
Themes
EmotionsDecision-MakingValuationPassionJudgment
In practice
Example use cases
During a motivational speech, one might refer to this quote to emphasize the importance of rational thinking over mere emotional reactions.
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