Market Economy Quotes - Page 6

• The real bosses, in the capitalist system of market economy, are the consumers.

  Ludwig von Mises

  Real, Boss, Economy

  Ludwig von Mises (2016). “Bureaucracy: The Economist”, p.20, VM eBooks

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• 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

  Party, Government, Goal

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

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• Credit expansion is the governments' foremost tool in their struggle against the market economy. In their hands it is the magic wand designed to conjure away the scarcity of capital goods, to lower the rate of interest or to abolish it altogether, to finance lavish government spending, to expropriate the capitalists, to contrive everlasting booms, and to make everybody prosperous.

  Ludwig von Mises

  Struggle, Government, Hands

  Ludwig Von Mises (1963). “Human action: a treatise on economics”

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• The real bosses in the capitalist system of market economy are the consumers. They by their buying and by their abstention from buying decide who should own the capital and run the plants. They determine what should be produced and in what quantity and quality. 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 Mises

  Running, Attitude, Real

  Ludwig Von Mises (1944). “Bureaucracy”

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