Home / Quotes / Quote by Ludwig von Mises

Quote by Ludwig von Mises

“The masses, in their capacity as consumers, ultimately determine everybody's revenues and wealth.”

Quote by Ludwig von Mises

Book:The Ultimate Foundation of Economic Science: An Essay on Method

Work

The Ultimate Foundation of Economic Science: An Essay on Method

The Ultimate Foundation of Economic Science is a comprehensive treatise that examines the core concepts and methodologies of economics. The author critically analyzes the historical development of economic thought and offers insights into the logical structure and empirical basis of economic theories. more

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

“Is there another way? Of course there is. There is a way based on simple moral principles: Everyone keeps his own money. Everyone decides what to do with his own money. No income tax. No IRS. No government grants or assistance to anyone. All charity is voluntary. It's called freedom. It's a peaceful, harmonious way of life, one that Americans once believed in.”

Way Government Courses Simple Moral Principles Taxes Charity Income Peaceful Grants Assistance Another Way Harmonious Income Tax Irs Moral Principles

Author:Jacob G. Hornberger

“All government operation is wasteful, inefficient, and serves the bureaucrat rather than the consumer.”

Government Consumers Operations Bureaucrats

Author:Murray Rothbard

“The policies advocated by the welfare school remove the incentive to saving on the part of private citizens.”

School Policy Citizens Saving Welfare Remove Incentives

Author:Ludwig von Mises

“Government intervention in the economy - through taxes, regulation and, most importantly, currency inflation - causes distortions and misallocations of capital that must eventually be unwound. The distortions degrade the general standard of living, and the economy goes into a recession (call that an incomplete cleansing). Or it goes into a depression - wherein the entire sickly structure comes unglued.”

Government Causes Economy Taxes Standards Structure Regulation Currency Inflation Intervention Incomplete Distortion Recessions Degrade Standards Of Living Cleansing Government Intervention

Author:Doug Casey

“All almsgiving inevitably tends to pauperize the recipient.”

Book:Socialism - An Economic and Sociological Analysis: The Economist

Source: Socialism - An Economic and Sociological Analysis: The Economist

“The natural tendency of government, once in charge of money, is to inflate and to destroy the value of the currency.”

Government Values Natural Tendencies Currency

Author:Murray Rothbard

“Liberals have one solution for every economic issue; eat the seed corn.”

Issues Economic Solutions Seeds Corn Economic Issues

Author:James Cook

“Throughout history governments have been chronically short of revenue. The reason should be clear: unlike you and me, governments do not produce useful goods and services that they can sell on the market; governments, rather than producing and selling services, live parasitically off the market and off society.”

Should Has Beens Reason Government Clear Produce Like You Sells Selling Goods Revenue And Off Goods And Services

Author:Murray Rothbard

“Never was it [Capitalism] imposed on life as a system, or at all. It grew out of life, not all at once but gradually, and is therefore one of the great natural designs. When it was found and identified by such men as Adam Smith, who wrote its bible, and Karl Marx, who wrote its obituary too soon, it was already working.”

Men Found Natural Design Grew Capitalism Adam Obituary

Author:Garet Garrett

“The state always poses a greater threat to society than whatever problem it purports to solve.”

States Problem Greater Threat Solve

Author:Llewellyn Rockwell