Home / Quotes / Quote by Ludwig von Mises

Quote by Ludwig von Mises

“The causes of all panics, crashes and depressions can be summed up in only four words: the misuse of credit.”

Quote by Ludwig von Mises

Author

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

You May Also Like

“Janet Yellen at the FED is equivalent to having a biology schoolteacher who has never seen blood perform brain surgery.”

Brain Blood Biology Feds Surgery Brain Surgery

Author:Nassim Nicholas Taleb

“What is needed for a sound expansion of production is additional capital goods, not money or fiduciary media. The credit expansion is built on the sands of banknotes and deposits. It must collapse.”

Sound Media Needed Built Productions Credit Sand Goods Collapse Expansion Deposits Fiduciary

Book:Human action: a treatise on economics

Source: Human action: a treatise on economics

“You have to have an emotional investment in what you're doing. If you don't love what you're doing, failure is pretty much guaranteed.”

Ifs Emotional Investment Emotional Investment

Author:Biz Stone

“Ask yourself: given everything you have to do, is there a way that we can make this better?”

Author:Daniel Ek

“You want an idea about what you can say. I know it sounds like a bad idea but here's specifically why its actually a great one. You want to sound crazy but you want to ask to be right.”

Knows Want Ideas Asks Sound Crazy Bad Ideas Great Ones

Author:Sam Altman

“When you have an idea, a classic entrepreneurial impulse is to hold the idea close to you and not tell people and that's almost always a mistake.”

People Ideas Mistake Impulse Classic Entrepreneurial

Author:Reid Hoffman

“When you are starting a new business you don't want to go after giant markets. You want to go after small markets and take over those markets quickly.”

Want Starting Giants New Business Starting New Business

Author:Peter Thiel

“Don't let other people distract what you're doing. There's always haters.”

Author:Dennis Crowley

“As a leader of people, you have to be a great listener, a great motivator, be very good at praising and bringing out the best in people.”

People Leader Praise Very Good Listeners Bringing Out The Best

Author:Richard Branson

“Many many external circumstances are outside of your control, but will affect the outcome, and you have to be OK with that.”

Circumstances Outcomes

Author:Justin Kan