The wealth of the well-to-do of an industrial society is both the cause and effect of the masses' well-being.
Ludwig von MisesAll that Lenin learned about business from the tales of his comrades who occasionally sat in business offices was that it required a lot of scribbling, recording, and ciphering. Thus, he declares that accounting and control are the chief things necessary for the organizing and correct functioning of society. . . . Here we have the philosophy of the filing clerk in its full glory.
Ludwig von MisesThe fact is that, under a capitalistic system, the ultimate bosses are the consumers. The sovereign is not the state, it is the people.
Ludwig von MisesThe policies advocated by the welfare school remove the incentive to saving on the part of private citizens.
Ludwig von MisesOne has to recognize that science is not metaphysics, and certainly not mysticism; it can never bring us the illumination and the satisfaction experienced by one enraptured in ecstasy. Science is sobriety and clarity of conception, not intoxicated vision.
Ludwig von MisesIt 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.
Ludwig von Mises