Maxioms by Ludwig Von Mises
What pays under capitalism is satisfying the common man, the customer. The more people you satisfy, the better for you.
What pays under capitalism is satisfying the common man, the customer. The more people you satisfy, the better for you.
In the world of reality, life, and human action there is no such thing as interests independent of ideas, preceding read more
In the world of reality, life, and human action there is no such thing as interests independent of ideas, preceding them temporarily and logically. What a man considers his interest is the result of his ideas.
People do not cooperate under the division of labor because they love or should love one another. They cooperate because read more
People do not cooperate under the division of labor because they love or should love one another. They cooperate because this best serves their own interests. Neither love nor charity nor any other sympathetic sentiments but rightly understood selfishness is what originally impelled man to adjust himself to the requirements of society, to respect the rights and freedoms of his fellow men and to substitute peaceful collaboration for enmity and conflict.
The essence of democracy is not that everyone makes and administers laws but that lawgivers and rulers should be dependent read more
The essence of democracy is not that everyone makes and administers laws but that lawgivers and rulers should be dependent on the people's will in such a way that they may be peaceably changed if conflict occurs.
It is impossible to understand the history of economic thought if one does not pay attention to the fact that read more
It is impossible to understand the history of economic thought if one does not pay attention to the fact that economics as such is a challenge to the conceit of those in power.
