"The luxury of today is the necessity of……" — Ludwig von Mises

The luxury of today is the necessity of tomorrow. Every advance first… - Ludwig von Mises

"The luxury of today is the necessity of tomorrow. Every advance first comes into being as the luxury of a few rich people, only to become, after a time, an indispensable necessity taken for granted by everyone. Luxury consumption provides industry with the stimulus to discover and introduce new, things. It is one of the dynamic factors in our economy. To it we owe the progressive innovations by which the standard of living of all strata of the population has been gradually raised."

— Ludwig von Mises

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336 Quotes by Ludwig von Mises

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More Advance Quotes

This quote is filed under Advance Quotes, one of 1,037 quotes in that category. Here are a few more:

What annoys the hell out of me is the arrogance of some people. They don't even listen to our music,… — Billie Joe Armstrong
Social advance depends as much upon the process through which it is secured as upon the result itself. — Jane Addams
Each generation, as it seeks to advance the common good, must ask anew: 'What are the requirements that governments may… — Pope Benedict XVI
Major North and myself went out in advance of the command several miles and killed a number of buffaloes. — Buffalo Bill
The anvil of justice is planted firm, and fate who makes the sword does the forging in advance. — Aeschylus
Diplomacy is not an end in itself if it does not advance U.S. interests. — John Bolton
There is no patriotic obligation to help advance the career of a politician who is otherwise pursuing interests that are… — John Bolton
The wisest use of American strength is to advance freedom. — George W. Bush
Use power to help people. For we are given power not to advance our own purposes nor to make a… — George W. Bush
I have never wavered from my intention to advance the cause of diversity in new and more effective ways. — Jeb Bush
We believe in a flexible union of free member states who share treaties and institutions and pursue together the ideal… — David Cameron
Truth is mysterious, elusive, always to be conquered. Liberty is dangerous, as hard to live with as it is elating.… — Albert Camus

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