Ludwig von Mises quotes about people
Austrian Economist September 29, 1881 – October 10, 1973
Ludwig von Mises quotes in frenchLudwig von Mises quotes in german
Cite this Page: Citation
Quotes
Under capitalism the common man enjoys amenities which in ages gone by were unknown and therefore inaccessible even to the richest people. But, of course, these motorcars, television sets and refrigerators do not make a man happy. In the instant in which he acquires them, he may feel happier than he did before. But as soon as some of his wishes are satisfied, new wishes spring up. Such is human nature.
Ludwig von Mises
Common man does not speculate about the great problems. With regard to them he relies upon other people's authority, he behaves as "every decent fellow must behave,'' he is like a sheep in the herd. It is precisely this intellectual inertia that characterizes a man as a common man. Yet the common man does choose. He chooses to adopt traditional patterns or patterns adopted by other people because he is convinced that this procedure is best fitted to achieve his own welfare. And he is ready to...
Ludwig von Mises
It 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
Popular Author
Related Authors
-
Alice Rivlin Economist
-
Christina Romer Economist
-
Elinor Ostrom Economist
-
ED
Evan Davis Economist
-
Francois Quesnay Economist
-
Henry George Economist
-
JP
John Perkins Economist
-
Lawrence Summers Economist
-
Nicholas Stern Economist
-
Robert Higgs Economist