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There is not the slightest analogy between playing games and the conduct of business within a market society. The card player wins money by outsmarti… - Ludwig von Mises
" "There is not the slightest analogy between playing games and the conduct of business within a market society. The card player wins money by outsmarting his antagonist. The businessman makes money by supplying customers with goods they want to acquire.
cooperation
freedom
capitalism
economics
austrian
competition
free-market
liberty
laissez-faire
trade
libertarian
anarcho-capitalism
ancap
anarchy
austrian-school-of-economics
voluntaryism
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English
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About Ludwig von Mises
Ludwig Heinrich Edler von Mises (29 September 1881 – 10 October 1973) was an Austrian economist, philosopher, author and classical liberal who had a significant influence on the modern libertarian movement and the Austrian School of economics.
Biography information from Wikiquote
Also Known As
Native Name:
Ludwig Heinrich Edler von Mises
Alternative Names:
Ludwig Heinrich Mises
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Additional quotes by 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 change his ideology and consequently his mode of action whenever he becomes convinced that this would better serve his own interests.
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