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No private enterprise will ever fall prey to bureaucratic methods of management if it is operated with the sole aim of making profit.
Ludwig von Mises
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Ludwig von Mises
Age: 92 †
Born: 1881
Born: September 29
Died: 1973
Died: October 10
Economist
Philosopher
University Teacher
Writer
Lemberg
Austria
Ludwig Heinrich Edler von Mises
Ludwig Heinrich Mises
Fall
Sole
Ever
Enterprise
Aim
Profit
Management
Operated
Method
Bureaucratic
Private
Prey
Making
Methods
More quotes by Ludwig von Mises
The boom squanders through malinvestment scarce factors of production and reduces the stock available through overconsumption its alleged blessings are paid for by impoverishment.
Ludwig von Mises
There is no use in deceiving ourselves. American public opinion rejects the market economy, the capitalistic free enterprise system that provided the nation with the highest standard of living ever attained. Full government control of all activities of the individual is virtually the goal of both national parties.
Ludwig von Mises
Man is born an asocial and antisocial being. The newborn child is a savage. Egoism is his nature. Only the experience of life and the teachings of his parents, his brothers, sisters, playmates, and later of other people FORCE HIM to acknowledge the advantages of social cooperation and accordingly to change his behavior.
Ludwig von Mises
where Nietzsche's response to the equation of socialism and morality was to question the value of morality, at least as it had been customarily understood, economists like Mises and Hayek pursued a different path, one Nietzsche would never have dared to take: they made the market the very expression of morality.
Ludwig von Mises
How pale is the art of sorcerers, witches, and conjurors when compared with that of the government's Treasury Department!
Ludwig von Mises
Inflation has always been an important resource of policies of war and revolution and why we also find it in the service of socialism.
Ludwig von Mises
The situation of having to belong to a state to which one does not wish is no less onerous if it is the result of an election than if one must endure it as the consequence of a military conquest.
Ludwig von Mises
The root of the evil is not the construction of new, more dreadful weapons. It is the spirit of conquest.
Ludwig von Mises
All people, entrepreneurs as well as non-entrepreneurs, look askance upon any profits earned by other people. Envy is a common weakness of men. People are loath to acknowledge the fact that they themselves could have earned profits if they had displayed the same foresight and judgment the successful businessman did.
Ludwig von Mises
The only source of the generation of additional capital goods is saving. If all the goods produced are consumed, no new capital comes into being.
Ludwig von Mises
The continued existence of society depends upon private property.
Ludwig von Mises
The law-abiding citizen by his labor serves both himself and his fellow man and thereby integrates himself peacefully into the social order. The robber, on the other hand, is intent, not on honest toil, but on the forcible appropriation of the fruits of others' labor.
Ludwig von Mises
War can really cause no economic boom, at least not directly, since an increase in wealth never does result from destruction of goods.
Ludwig von Mises
The planner is a potential dictator who wants to deprive all other people of the power to plan and act according to their own plans. He aims at one thing only: the exclusive absolute preeminence of his own plan.
Ludwig von Mises
Nobody is in a position to decree what should make a fellow man happier.
Ludwig von Mises
Anarchism misunderstands the real nature of man. It would be practicable only in a world of angels and saints
Ludwig von Mises
The public firm can nowhere maintain itself in free competition with the private firm it is possible today only where it has a monopoly that excludes competition. Even that alone is evidence of its lesser economic productivity.
Ludwig von Mises
In all countries with a settled bureaucracy people used to say: The cabinets come and go, but the bureaus remain.
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
Planning other people's actions means to prevent them from planning for themselves, means to deprive them of their essentially human quality, means enslaving them.
Ludwig von Mises
