Ludwig von Mises Quotes About Wealth

Quotes about: Wealth

• To the grumbler who complains about the unfairness of the market system only one piece of advice can be given: If you want to acquire wealth, then try to satisfy the public by offering them something that is cheaper or which they like better....Equality under the law gives you the power to challenge every millionaire.

  Ludwig von Mises

  Equality Under The Law, Offering, Giving

• The philosophy underlying the system of progressive taxation is that the income and wealth of the well-to-do classes can be freely tapped. What the advocates of these tax rates fail to realize is that the greater part of the incomes taxed away would not have been consumed but saved and invested.

  Ludwig von Mises

  Philosophy, Progressive Taxation, Class

  Ludwig von Mises (2015). “Middle of the Road Policy Leads to Socialism”, p.32, Ludwig von Mises Institute

• [T]he essence of so-called war prosperity: it enriches some by what it takes from others. It is not rising wealth but a shifting of wealth and income.

  Ludwig von Mises

  Money, Peace, War

• War is harmful, not only to the conquered but to the conqueror. 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. Only economic action has created the wealth around us; labor, not the profession of arms, brings happiness. Peace builds, war destroys.

  Ludwig von Mises

  War, Father, Essence

  Ludwig von Mises (2016). “Socialism - An Economic and Sociological Analysis: The Economist”, p.44, VM eBooks

• The desire for an increase of wealth can be satisfied through exchange, which is the only method possible in a capitalist economy, or by violence and petition as in a militarist society, where the strong acquire by force, the weak by petitioning.

  Ludwig von Mises

  Strong, Capitalist Economy, Desire

  Ludwig von Mises (2016). “Socialism - An Economic and Sociological Analysis: The Economist”, p.336, VM eBooks

• Many pioneers of these industrial changes, it is true, became rich. But they acquired their wealth by supplying the public with motor cars, airplanes, radio sets, refrigerators, moving and talking pictures, and variety of less spectacular but no less useful innovations. These new products were certainly not an achievement of offices and bureaucrats.

  Ludwig von Mises

  Moving, Airplane, Talking

  Ludwig Von Mises (1985). “Omnipotent Government: The Rise of the Total State and Total War”, Libertarian Press

• Inequality of wealth and incomes is an essential feature of the market economy. It is the implement that makes the consumers supreme in giving them the power to force all those engaged in production to comply with their orders. It forces all those engaged in production to the utmost exertion in the service of the consumers. It makes competition work. He who best serves the consumers profits most and accumulates riches.

  Ludwig von Mises

  Order, Giving, Competition

  Ludwig Von Mises (1990). “Economic freedom and interventionism: an anthology of articles and essays”

• 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

  Money, War, Doe

• If, as is generally the case, the heirs are not equal to the demands which life makes on an entrepreneur, the inherited wealth rapidly vanishes.

  Ludwig von Mises

  Entrepreneur, Demand, Heirs

  Ludwig von Mises (2016). “Socialism - An Economic and Sociological Analysis: The Economist”, p.342, VM eBooks

• It is labor alone that is productive: it creates wealth and therewith lays the outward foundations for the inward flowering of man.

  Ludwig von Mises

  Men, Foundation, Inward

  Ludwig von Mises (2016). “Liberalism: The Classical Tradition: The Economist”, p.10, VM eBooks

• A wealthy man can preserve his wealth only by continuing to serve the consumers in the most efficient way.

  Ludwig von Mises

  Men, Way, Wealth

  Ludwig von Mises (2016). “Human Action”, p.335, Lulu Press, Inc

• In capitalist enterprise there is no secure income and no security of wealth.

  Ludwig von Mises

  Income, Wealth, Enterprise

  Ludwig von Mises (2016). “Socialism - An Economic and Sociological Analysis: The Economist”, p.342, VM eBooks

• The wealth of the well-to-do of an industrial society is both the cause and effect of the masses' well-being.

  Ludwig von Mises

  Causes, Wealth, Mass

  Ludwig Von Mises (1962). “The Ultimate Foundation of Economic Science: An Essay on Method”

• The masses, in their capacity as consumers, ultimately determine everybody's revenues and wealth.

  Ludwig von Mises

  Wealth, Capacity, Mass

  Ludwig Von Mises (1962). “The Ultimate Foundation of Economic Science: An Essay on Method”

• What can prevent the coming of totalitarian socialism is only a thorough change in ideologies. What we need is an open positive endorsement of that system to which we owe all the wealth that distinguished our age from the conditions of ages gone by.

  Ludwig von Mises

  Age, Needs, Gone

• People must learn that the accumulation of wealth by the successful
  conduct of business is the corollary of the improvement of their own standard of
  living and vice versa. They must realize that bigness in business is not an evil, but both the cause and effect of the fact that they themselves enjoy all those amenities
  whose enjoyment is called the “American way of life.

  Ludwig von Mises

  Successful, People, Evil

  Ludwig Von Mises (1990). “Economic freedom and interventionism: an anthology of articles and essays”

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