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Quote by Ludwig von Mises

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Bureaucracy

This book delves into the complexities of bureaucracy, examining its origins, functions, and effects on various aspects of life, including government, business, and everyday interactions. more

Author

Ludwig von Mises
Ludwig von Mises

Ludwig von Mises was a prominent economist, philosopher, and social theorist born on September 29, 1881, in Austria, and passed away on October 10, 1973. He is considered one of the most influential economists of the 20th century and a leading advocate for free-market economics. more

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“The Obama administration seems to be following what might be called 'the Detroit pattern increasing taxes, harassing businesses, and pandering to unions. In the short run, it got mayors re-elected. In the long-run, it reduced Detroit from a thriving city to an economic disaster area, whose population was cut in half, as its most productive citizens fled.”

“The promises of pie-in-the-sky liberal environmentalists that we can convert to 'clean' energy sources and stimulate our economy are based on dubious environmental and economic assumptions, fantastic notions about alternative energy, and a disturbing acceptance of the tyrannies inherent in command-control economies.”

“The riches of successful entrepreneurs is not the cause of anybody's poverty; it is the consequence of the fact that the consumers are better supplied than they would have been in the absence of the entrepreneur's efforts.”

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