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 capitalist system was termed "capitalism" not by a friend of the system, but by an individual who considered it to be… — 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
State interference in economic life, which calls itself economic policy, has done nothing but destroy economic life. Prohibitions and regulations have by… — 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
Economics is not about things and tangible material objects; it is about men, their meanings and actions. — Ludwig von Mises Copy Share Image
The characteristic feature of capitalism that distinguishes it from pre-capitalist methods of production was its new principle of marketing. Capitalism is not… — Ludwig von Mises Copy Share Image
The development of capitalism consists in everyone having the right to serve the consumer better or more cheaply. — 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
“Nonetheless, many people, and especially intellectuals, passionately loathe capitalism. As they see it, this ghastly mode of society’s economic organization has brought… — Ludwig Von Mises Copy Share Image
Not mythical material productive forces, but reason and ideas determine the course of human affairs. What is needed to stop the trend… — Ludwig von Mises Copy Share Image
He who disdains the fall in infant mortality and the gradual disappearance of famines and plagues may cast the first stone upon… — Ludwig von Mises Copy Share Image
In the capitalist society there is a place and bread for all. Its ability to expand provides sustenance for every worker. Permanent… — Ludwig von Mises Copy Share Image
It is certain that many intellectuals envy the higher income of prosperous businessmen and that these feelings drive them toward socialism. They… — Ludwig von Mises Copy Share Image
Inequality of wealth and incomes is an essential feature of the market economy. It is the implement that makes the consumers supreme… — Ludwig von Mises Copy Share Image
Liberalism and capitalism address themselves to the cool, well-balanced mind. They proceed by strict logic, eliminating any appeal to the emotions. Socialism,… — Ludwig von Mises Copy Share Image
For it is an essential difference between capitalist and socialist production that under capitalism men provide for themselves, while under Socialism they… — Ludwig von Mises Copy Share Image
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 market economy as such does not respect political frontiers. Its field is the world. — Ludwig von Mises Copy Share Image
In the socialist commonwealth every economic change becomes an undertaking whose success can be neither appraised in advance nor later retrospectively determined.… — 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
[E]conomic history is a long record of government policies that failed because they were designed with a bold disregard for the laws… — 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
Economic theory has demonstrated in an irrefutable way that a prosperity created by an expansionist monetary and credit policy is illusory and… — 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
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