Ludwig von Mises: "When pushed hard by economists, some welfare propagandists and socialists admit that impairment of the average standard of living can only be avoided by the maintenance of capital already accumulated and that economic improvement depends on accumulation of additional capital." - 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: Profiteers
| Ludwig von Mises | The epithet profiteer is the expression of an arbitrary judgment of value. There is no other standard available for the distinction between profiteering and earning fair profits than that provided by the censors personal envy and resentment. | Planning for Freedom | p. 128 | Profiteers |