No private enterprise will ever fall prey to bureaucratic methods of management if it is operated with the sole aim of making… — Ludwig von Mises Copy Share Image
Experience shows that nothing is operated with less economy and with more waste of labor and material of every kind than public… — 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
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
Capitalism means free enterprise, sovereignty of the consumers in economic matters, and sovereignty of the voters in political matters. Socialism means full… — Ludwig von Mises Copy Share Image
“The economists exploded the old tenets: that it is unfair and unjust to outdo a competitor by producing better and cheaper goods;… — Ludwig von Mises Copy Share Image
“By rendering their enterprises profitable, the consumers shift control of the factors of production into the hands of those businessmen who serve… — 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
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 characteristic mark of this age of dictators, wars and revolutions is its anticapitalistic bias. Most governments and political parties were eager… — Ludwig von Mises Copy Share Image
In capitalist enterprise there is no secure income and no security of wealth. — 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
“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 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
The mixing of politics and business not only is detrimental to politics, as is frequently observed, but even much more so to… — Ludwig von Mises Copy Share Image
The people who think that the power of big business is enormous are mistaken — 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
Big business depends entirely on the patronage of those who buy its products: the biggest enterprises loses its power and its influence… — 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 a game there are winners and losers. But a business deal is always advantageous for both parties. If both the buyer… — Ludwig von Mises Copy Share Image
The boom is called good business, prosperity, and upswing. Its unavoidable aftermath, the readjustment of conditions to the real data of the… — Ludwig von Mises Copy Share Image
Profits are the driving force of the market economy. The greater the profits, the better the needs of the consumers are supplied...… — 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 market steers the capitalistic economy. It directs each individual's activities into those channels in which he best serves the wants of… — 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 Image
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 Image
During the 2300 years since Plato, very little opposition has been registered to his ideas. — Ludwig von Mises Copy Share Image
“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 Image
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 Image
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 Image
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 Image
There is no kind of freedom and liberty other than the kind which the market economy brings about. — Ludwig von Mises Copy Share Image
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 Image
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 Image
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 Image
