Society has arisen out of the works of peace; the essence of society is peacemaking. Peace and not war is the father of all things. Only economic act… - Ludwig von Mises

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Society has arisen out of the works of peace; the essence of society is peacemaking. Peace and not war is the father of all things. Only economic action has created the wealth around us; labor, not the profession of arms, brings happiness. Peace builds, war destroys.

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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

Bourgeois civilization has built railroads and electric power plants, has invented explosives and airplanes, in order to create wealth. Imperialism has placed the tools of peace in the service of destruction. With modern means it would be easy to wipe out humanity at one blow.

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In the market economy the consumers are supreme. Consumers determine, by their
buying or abstention from buying, what should be produced, by whom and how, of
what quality and in what quantity. The entrepreneurs, capitalists, and landowners who
fail to satisfy in the best possible and cheapest way the most urgent of the not yet
satisfied wishes of the consumers are forced to go out of business and forfeit their
preferred position. In business offices and in laboratories the keenest minds are busy
fructifying the most complex achievements of scientific research for the production of
ever better implements and gadgets for people who have no inkling of the scientific
theories that make the fabrication of such things possible. The bigger an enterprise is,
the more it is forced to adjust its production activities to the changing whims and
fancies of the masses, its masters. The fundamental principle of capitalism is mass
production to supply the masses. It is the patronage of the masses that makes
enterprises grow into bigness. The common man is supreme in the market economy.
He is the customer “who is always right.

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