3 Quotes by Ludwig Mises
- Author Ludwig Mises
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When we call a capitalist society a consumers' democracy we mean that the power to dispose of the means of production, which belongs to the entrepreneurs and capitalists, can only be acquired by means of the consumers' ballot, held daily in the marketplace.
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- Author Ludwig Mises
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Edgeworth has been the foremost economist in England during the latter part of the 19th century and the beginning of the 20th century.
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- Author Ludwig Mises
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In periods of slow alterations in the relation between the supply of and the demand for money they do not convey any information at all. In periods of inflation and consequently of sharp price changes they provide a rough image of events which every individual experiences in his daily life.
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