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
Thus, the isolated interference with one or a few prices of consumer goods always bring about effects-and this is important to realize-which… — Ludwig von Mises Copy Share Image
The fact is that, under a capitalistic system, the ultimate bosses are the consumers. The sovereign is not the state, it is… — Ludwig von Mises Copy Share Image
What vitiates entirely the socialists economic critique of capitalism is their failure to grasp the sovereignty of the consumers in the market… — 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
The common man is the sovereign consumer whose buying or abstention from buying ultimately determines what should be produced and in what… — 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
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
The real bosses, in the capitalist system of market economy, are the consumers. — Ludwig von Mises Copy Share Image
The real bosses in the capitalist system of market economy are the consumers. They by their buying and by their abstention from… — 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