Employment Quote by Ludwig von Mises
“There prevails on a free labor market a tendency toward full employment.”
About This Quote
Source Book: Human Action by Ludwig von Mises, 1949
In a free labor market, natural forces tend toward full employment, assuming no external distortions.
In simple terms: Free markets naturally move toward full employment.
Support policies that reduce market distortions.
Themes
Mood
Type
When to use this quote
- policy analysis
- business planning
- educational curricula
- public debate
Key Concepts
Questions to Reflect On
- What factors prevent full employment in practice?
- How can policy reduce market distortions?
Real‑world labor markets face frictions and regulations that can impede full employment.