Economic progress is the work of the savers, who accumulate capital, and of the entrepreneurs, who turn capital to new uses. — Ludwig von Mises Copy Share Image
The only source from which an entrepreneurs profits stem is his ability to anticipate better than other people the future demand of… — Ludwig von Mises Copy Share Image
If, as is generally the case, the heirs are not equal to the demands which life makes on an entrepreneur, the inherited… — Ludwig von Mises Copy Share Image
There is no reason why capitalists and entrepreneurs should be ashamed of earning profits. — Ludwig von Mises Copy Share Image
The entrepreneur profits to the extent he has succeeded in serving the consumers better than other people have done. — Ludwig von Mises Copy Share Image
Neither the entrepreneurs nor the farmers nor the capitalists determine what has to be produced. The consumers do that. — Ludwig von Mises Copy Share Image
The standard of living of the common man is higher in those countries which have the greatest number of wealthy entrepreneurs. — Ludwig von Mises Copy Share Image
The better an entrepreneur succeeds, the more is he vilified and themore is he soaked by taxation. — Ludwig von Mises Copy Share Image
Public opinion takes no offense at the endeavors of farmers, workers, clerks, teachers, doctors, ministers, and people from many other callings to… — Ludwig von Mises Copy Share Image
The consumers are merciless. They never buy in order to benefit a less efficient producer and to protect him against the consequences… — Ludwig von Mises Copy Share Image
When we call a capitalist society a consumers democracy we mean that the power to dispose of the means of production, which… — Ludwig von Mises Copy Share Image
All people, entrepreneurs as well as non-entrepreneurs, look askance upon any profits earned by other people. Envy is a common weakness of… — Ludwig von Mises Copy Share Image
The consumers suffer when the laws of the country prevent the most efficient entrepreneurs from expanding the sphere of their activities. What… — Ludwig von Mises Copy Share Image
There would not be any profits but for the eagerness of the public to acquire the merchandise offered for sale by the… — Ludwig von Mises Copy Share Image
Taxes are necessary. But the system of discriminatory taxation universally accepted under the misleading name of progressive taxation of income and inheritance… — Ludwig von Mises Copy Share Image
The direction of all economic affairs is in the market society a task of the entrepreneurs. Theirs is the control of production.… — Ludwig von Mises Copy Share Image
The interventionists do not approach the study of economic matters with scientific disinterestedness. Most of them are driven by an envious resentment… — Ludwig von Mises Copy Share Image
The direction of all economic affairs is in the market society a task of the entrepreneurs. Theirs is the control of production.… — Ludwig von Mises Copy Share Image
It is not the fault of the entrepreneurs that the consumers,the people, the common man,prefer liquor to Bibles and detective stories to… — Ludwig von Mises Copy Share Image
What is called economic progress is the joint effect of the activities of the three progressive groups-or classes-of the savers, the scientist-inventors,… — Ludwig von Mises Copy Share Image
An entrepreneur cannot be trained. A man becomes and entrepreneur by seizing an opportunity and filling the gap. No special education is… — Ludwig von Mises Copy Share Image
Laissez faire does not mean: let soulless mechanical forces operate. It means: let individuals choose how they want to cooperate in the… — Ludwig von Mises Copy Share Image
In order to succeed in business a man does not need a degree from a school of business administration. These schools train… — Ludwig von Mises Copy Share Image
The riches of successful entrepreneurs is not the cause of anybody's poverty; it is the consequence of the fact that the consumers… — Ludwig von Mises Copy Share Image
Those fighting for free enterprise and free competition do not defend the interests of those rich today. They want a free hand… — Ludwig von Mises Copy Share Image
The capitalist system of production is an economic democracy in which every penny gives a right to vote. The consumers are the… — Ludwig von Mises Copy Share Image
The riches of the rich are not the cause of the poverty of anybody; the process that makes some people rich is,… — Ludwig von Mises Copy Share Image
If the members of parliament no longer consider themselves mandatories of the taxpayers but deputies of those receiving salaries, wages, subsidies, doles, and other… — Ludwig von Mises Copy Share
Changes in human conditions are brought about by the pioneering of the cleverest and most energetic men. They take the lead and the rest… — Ludwig von Mises Copy Share
During the 2300 years since Plato, very little opposition has been registered to his ideas. — Ludwig von Mises Copy Share
“How little one is justified in speaking in this connection of "optimism" and "pessimism" and how much the characterization of liberalism as "optimistic" aims… — Ludwig von Mises Copy Share
Every step by which an individual substitutes concerted action for isolated action results in an immediate and recognizable improvement in his conditions. The advantages… — Ludwig von Mises Copy Share
The capitalistic social order, therefore, is an economic democracy in the strictest sense of the word. In the last analysis, all decisions are dependent… — Ludwig von Mises Copy Share
Without calculation, economic activity is impossible. Since under Socialism economic calculation is impossible, under Socialism there can be no economic activity in our sense… — Ludwig von Mises Copy Share
There is no kind of freedom and liberty other than the kind which the market economy brings about. — Ludwig von Mises Copy Share
What counts alone is the innovator, the dissenter, the harbinger of things unheard of, the man who rejects the traditional standards and aims at… — Ludwig von Mises Copy Share
In reality no food is valued solely for its nutritive power and no garment or house solely for the protection it affords against cold… — Ludwig von Mises Copy Share
All this talk: the state should do this or that, ultimately means: the police should force consumers to behave otherwise than they would behave… — Ludwig von Mises Copy Share
The most successful businessmen were often uneducated when measured by the scholastic standards of the teaching profession. But they were equal to their social… — Ludwig von Mises Copy Share
Two hundred years ago, before the advent of capitalism, a man's social status was fixed from the beginning to the end of his life;… — Ludwig von Mises Copy Share
Facts per se can neither prove nor refute anything. Everything is decided by the interpretation and explanation of the facts, by the ideas and… — Ludwig von Mises Copy Share
