Quotessence
Home / Quotes / Quote by Ludwig von Mises

Quote by Ludwig von Mises

Work

Socialism - An Economic and Sociological Analysis: The Economist

Socialism - An Economic and Sociological Analysis: The Economist is a comprehensive study that delves into the economic and sociological aspects of socialism. The text examines the theoretical underpinnings and practical applications of socialist systems, providing a detailed analysis from The Economist's viewpoint. 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

You May Also Like

“It is not the fault of the entrepreneurs that the consumers,the people, the common man,prefer liquor to Bibles and detective stories to serious books, and that governments prefer guns to butter. The entrepreneur does not make greater profits in selling bad things than in selling good things. His profits are the greater the better he succeeds in providing the consumers with those things they ask for most intensely.”

PeopleMenDoeBookStoriesGovernmentAsksCommonGreaterSeriousSucceedGunEntrepreneurGood ThingsFaultsProfitSellingConsumersBad ThingsProvidingDetectivesLiquorCommon ManDetective Stories
Book:Human action: a treatise on economics
Create image

“People must learn that the accumulation of wealth by the successful conduct of business is the corollary of the improvement of their own standard of living and vice versa. They must realize that bigness in business is not an evil, but both the cause and effect of the fact that they themselves enjoy all those amenities whose enjoyment is called the “American way of life.”

PeopleWayFactsEvilCausesEnjoyRealizingWealthSuccessfulEffectsStandardsVicesImprovementEnjoymentAccumulationVice VersaCause And EffectStandards Of LivingAmenitiesAmerican Way Of Life
Book:Economic freedom and interventionism: an anthology of articles and essays
Create image

“It is true that some secluded intellectuals in their esoteric circles talk differently. They proclaim the priority of what they call eternal absolute values and feign in their declamations—not in their personal conduct—a disdain of things secular and transitory. But the public ignores such utterances. The main goal of present-day political action is to secure for the respective pressure group memberships the highest material well-being. The only way for a leader to succeed is to instill in people the conviction that his program best serves the attainment of this goal.”

PeopleWayWellsActionPoliticalValuesGoalLeaderGroupsMaterialsSucceedEternalHighestProgramAbsolutesPressureConvictionPrioritiesCirclesSecureWell BeingSecularAttainmentPresent DayDisdainUtteranceMembershipInstillEsotericTransitoryPolitical ActionSecludedDeclamationPressure Groups
Book:Human action: a treatise on economics
Create image