Business Quote by Ludwig von Mises
““The people of the United States are more prosperous…because their government embarked later than other governments…upon the policy of obstructing business””
About This Quote
Source Book: Human Action, 1949
Government intervention hinders prosperity; later adoption of free-market policies yields wealth.
In simple terms: Less regulation fosters economic growth.
Key Takeaway
Support free enterprise.
Themes
economics
government
prosperity
policy
Mood
analytical
critical
Type
philosophical
political
When to use this quote
- business planning
- policy debate
- investment strategies
Key Concepts
libertarianism
market dynamics
regulation
Questions to Reflect On
- Is less regulation always better?
- What role does government play in markets?
A Different Perspective
Too simplistic; other factors affect prosperity.
![“[S]ometimes, when you are a food person, the possible irrelevance of what you are doing doesn’t cross your mind until it’s too late. (Once, for example, when I was just starting out in the food business, I was hired by the caper people to develop a lot of recipes using capers, and it was weeks of…” quote by Nora Ephron](https://sms4smile.com/quotes/img-quotes/d79/nora-ephron-1217_business_s-ometimes-when-you-are-a-food-person-th_980.jpg)
![“If the State does not acquire supremacy over [vast private] enterprises, it becomes their puppet, and they become the real State.” quote by Bertrand Russell](https://sms4smile.com/quotes/img-quotes/bad/bertrand-russell-69_acquire_if-the-state-does-not-acquire-supremacy_1379.jpg)