The real bosses in the capitalist system of market economy are the consumers. They by their buying and by their abstention from buying decide who should own the capital and run the plants. They determine what should be produced and in what quantity and quality.
LUDWIG VON MISESThe worst evils which mankind ever had to endure were inflicted by governments.
More Ludwig von Mises Quotes
-
-
Their attitudes result either in profit or in loss for the enterpriser. They make poor men rich and rich men poor. They are no easy bosses.
LUDWIG VON MISES -
Economics is not about things and tangible material objects; it is about men, their meanings and actions.
LUDWIG VON MISES -
The entrepreneurs, the capitalists and the technologists prosper as far as they succeed in best supplying the consumers.
LUDWIG VON MISES -
The worship of the state is the worship of force. There is no more dangerous menace to civilization than a government of incompetent, corrupt, or vile men.
LUDWIG VON MISES -
In such vital matters blind reliance upon ‘experts’ and uncritical acceptance of popular catchwords and prejudices is tantamount to the abandonment of self-determination and to yielding to other people’s domination.
LUDWIG VON MISES -
True, governments can reduce the rate of interest in the short run. They can issue additional paper money.
LUDWIG VON MISES -
If we live our lives as a gift it is possible to reach a blissful state of eternal happiness. It is those who live their life with a sense of entitlement that undermine peace , freedom and liberty.
LUDWIG VON MISES -
The philosophy underlying the system of progressive taxation is that the income and wealth of the well-to-do classes can be freely tapped.
LUDWIG VON MISES -
The struggle for freedom is ultimately not resistance to autocrats or oligarchs but resistance to the despotism of public opinion.
LUDWIG VON MISES -
The criterion of truth is that it works even if nobody is prepared to acknowledge it.
LUDWIG VON MISES -
What pushes the masses into the camp of socialism is, even more than the illusion that socialism will make them richer, the expectation that it will curb all those who are better than they themselves are.
LUDWIG VON MISES -
He who is unfit to serve his fellow citizens wants to rule them.
LUDWIG VON MISES -
Freedom really means the freedom to make mistakes.
LUDWIG VON MISES -
The worst evils which mankind has ever had to endure were inflicted by bad governments.
LUDWIG VON MISES -
Capitalism needs neither propaganda nor apostles. Its achievements speak for themselves. Capitalism delivers the goods.
LUDWIG VON MISES