"We do not assert that the capitalist mode……" — Ludwig von Mises

"We do not assert that the capitalist mode of economic calculation guarantees the absolutely best solution of the allocation of factors of production. Such absolutely perfect solutions of any problem are out of reach of mortal men. What the operation of a market not sabotaged by the interference of compulsion and coercion can bring about is merely the best solution accessible to the human mind under the given state of technological knowledge and the intellectual abilities of the age's shrewdest men."

— Ludwig von Mises

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336 Quotes by Ludwig von Mises

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More Abilities Quotes

This quote is filed under Abilities Quotes, one of 618 quotes in that category. Here are a few more:

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