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Ludwig Von Mises

Quotes

Olaoluwa Adejumohas quoted2 years ago
The people of the United States are more prosperous than the inhabitants of all other countries because their government embarked later than the governments in other parts of the world upon the policy of obstructing business
Olaoluwa Adejumohas quoted2 years ago
Capitalism deproletarianizes the "common man" and elevates him to the rank of a "bourgeois."
Olaoluwa Adejumohas quoted2 years ago
On the market of a capitalistic society the common man is the sovereign consumer whose buying or abstention from buying ultimately determines what should be produced and in what quantity and quality. Those shops and plants which cater exclusively or predominantly to the wealthier citizens' demand for refined luxuries play merely a subordinate role in the economic setting of the market economy. They never attain the size of big business. Big business always serves—directly or indirectly—the masses.

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Olaoluwa Adejumoshared an impression2 years ago
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