People must learn that the accumulation of wealth by the successful conduct of business is the corollary of the improvement of their own standard of … - Ludwig von Mises

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People must learn that the accumulation of wealth by the successful
conduct of business is the corollary of the improvement of their own standard of
living and vice versa. They must realize that bigness in business is not an evil, but both the cause and effect of the fact that they themselves enjoy all those amenities
whose enjoyment is called the “American way of life.

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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

A new type of superstition has got hold of people's minds, the worship of the
state. People demand the exercise of the methods of coercion and compulsion,
of violence and threat. Woe to anybody who does not bend his knee to the
fashionable idols!

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