The fundamental law of the market is: the customer is always right.
LUDWIG VON MISES
LUDWIG VON MISES
Ludwig von Mises on fundamentals
Ludwig von Mises123 quotes“The fundamental law of the market is: the customer is always right.”
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More from Ludwig von Mises
Do not give in to evil, but proceed ever more boldly against it.
Ludwig von MisesLudwig von Mises Society has arisen out of the works of peace; the essence of society is peacemaking. Peace and not war is the father of all things.
Ludwig von MisesLudwig von Mises Private property creates for the individual a sphere in which he is free of the state. It sets limits to the operation of the authoritarian will.
Ludwig von MisesLudwig von Mises There is no means by which anyone can evade his personal responsibility.
Ludwig von MisesLudwig von Mises If one rejects laissez faire on account of mans fallibility and moral weakness, one must for the same reason also reject every kind of government action.
Ludwig von MisesLudwig von Mises 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 MisesLudwig von Mises The truth is that the government cannot give if it does not take from somebody…It is not in the power of the government to make everybody more prosperous.
Ludwig von MisesLudwig von Mises They can open the way to credit expansion by the banks. They can thus create an artificial boom and the appearance of prosperity. But such a boom is bound to collapse soon or late and to bring about a depression.
Ludwig von MisesLudwig von Mises The real bosses, in the capitalist system of market economy, are the consumers.
Ludwig von MisesLudwig von Mises [E]conomic history is a long record of government policies that failed because they were designed with a bold disregard for the laws of economics
Ludwig von MisesLudwig von Mises Government spending cannot create additional jobs. If the government provides the funds required by taxing the citizens or by borrowing from the public, it abolishes on the one hand as many jobs as it creates on the other.
Ludwig von MisesLudwig von Mises Many who are self-taught far excel the doctors, masters, and bachelors of the most renowned universities.
Ludwig von MisesLudwig von Mises The most serious dangers for American freedom and the American way of life do not come from without.
Ludwig von MisesLudwig 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 MisesLudwig von Mises The state can be and has often been in the course of history the main source of mischief and disaster.
Ludwig von MisesLudwig von Mises Socialism is not in the least what it pretends to be. It is not the pioneer of a better and finer world, but the spoiler of what thousands of years of civilization have created. It does not build, it destroys.
Ludwig von MisesLudwig von Mises
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Don’t compare her to sunshine and roses when she’s clearly orchids and moonlight.
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More on fundamentals
The fundamental thing about sketching is that it isabout asking not telling
Bill BuxtonBill Buxton The freedom to convert is fundamental to freedom of religion.
Bob InglisBob Inglis Certainly if the fundamental problem of society is that demands are infinite and resources are always limited, politics, not economics is the master science.
Bernard CrickBernard Crick Running is perhaps the most fundamental of all sports, and it is economically the least costly to perform.
Bernd HeinrichBernd Heinrich The aspects of patriotism that hush dissent, encourage going along, and sanction comfortable distancing and compliance with what is indecent and unacceptable… those aspects are too fundamental to ignore or gloss over.
Bernardine DohrnBernardine Dohrn I am willing to take any measures when it comes to the fundamental principle of human rights.
Ban Ki-moonBan Ki-moon