Ludwig von Mises: "It would be a serious blunder to neglect the fact that inflation also generates forces which tend toward capital consumption. One of its consequences is that it falsifies economic calculation and accounting. It produces the phenomenon of illusory or apparent profits." - Human Action
This
database of quotations from Mises was prepared for
The Quotable Mises edited by Mark Thornton, available from the
Mises Institute store
for $20. Send corrections to the editor.
Here is a source page on
the editions of the books referenced.
Put Mises quotes on your site.
Search:
Top>
Browse by subject: Material Goods
| Ludwig von Mises | Strictly speaking, people do not long for tangible goods as such, but for the services which these goods are fitted to render them. | Human Action | p. 234; p. 233 | Material Goods |
| Ludwig von Mises | In reality no food is valued solely for its nutritive power and no garment or house solely for the protection it affords against cold weather and rain…. the demand for goods is widely influenced by metaphysical, religious, and ethical considerations, by aesthetic value judgments, by customs, habits, prejudice, tradition, changing fashions, and many other things. | Human Action | p. 234; p. 233 | Material Goods |