Business Quote by Ludwig von Mises
“Profits are the driving force of the market economy. The greater the profits, the better the needs of the consumers are supplied... He who serves the public best, makes the highest profits.”
About This Quote
Source Book: Human Action, Ludwig von Mises, 1949
Profits signal that resources are meeting consumer demand; higher profits indicate better fulfillment of needs.
In simple terms: Profits show market success.
Key Takeaway
Focus on creating value for customers.
Themes
economics
market
profit
competition
efficiency
Mood
analytical
pragmatic
Type
economic
philosophical
When to use this quote
- business planning
- investment decisions
- policy analysis
- entrepreneurial strategy
Key Concepts
price signals
resource allocation
incentives
Questions to Reflect On
- How can profit goals align with societal well‑being?
- What safeguards ensure profit does not harm consumers?
A Different Perspective
Profit motives can ignore social or environmental costs.
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