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"The phenomenon of money presupposes an economic order in which production is based on division of labour and in which private property consists not only in goods of the first order (consumption goods), but also in goods of higher orders (production goods). In such a society, there is no systematic centralized control of production, for this is inconceivable without centralized disposal over the means of production."
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"I saw the poverty, I say the prosperity. Both have fundamental problems."
"If you despise increase, you are a strange personality in the society."
"Usually when people talk about the trickle-down theory, it has to do with economics. The richer people at the top of a society become, supposedly, the more wealth there is to trickle down to the people below. It never really works out that way, of course, because if there are 2 things people at the top can't stand, they have to be leakage and overflow."
"She'd been fed anti-consumerist bullshit by her parents but didn't understand simple economics."
Explore more quotes by Ludwig von Mises
"If some peoples pretend that history or geography gives them the right to subjugate other races, nations, or peoples, there can be no peace."
"Manufacturing and commercial monopolies owe their origin not to a tendency imminent in a capitalist economy but to governmental interventionist policy directed against free trade and laissez faire."
"Human civilization is not something achieved against nature; it is rather the outcome of the working of the innate qualities of man."
"Only one thing can conquer war - that attitude of mind which can see nothing in war but destruction and annihilation."
"Wars of aggression are popular nowadays with those nations convinced that only victory and conquest could improve their material well-being."
"The root of the evil is not the construction of new, more dreadful weapons. It is the spirit of conquest."
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