"All rational action is in the first place individual action. Only the individual thinks. Only the individual reasons. Only the individual acts."
— Ludwig von Mises
All Rational Action Is In The
All rational action is in the first place individual action. Only the individual thinks. Only the individual reasons. Only the individual acts.
About this quote
From Socialism: An Economic and Sociological Analysis (1922), Mises's comprehensive critique of socialist thought. Mises was defending methodological individualism — the position that social phenomena can only be understood by analyzing the choices of individual actors. He rejected collectivist entities such as "the state" or "the class" as ultimate units of analysis, arguing that they are always reducible to the actions of individual human beings.
Source
Socialism (1922)