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Ludwig von Mises Quotes: Innovation is the whim of an elite before it becomes a need of the public.
         

Innovation is the whim of an elite before it becomes a need of the public.


Ludwig von Mises
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"Ludwig von Mises Quotes." Quoteslyfe.com, 2024. Wed. 18 Dec. 2024. <https://www.quoteslyfe.com/quote/Innovation-is-the-whim-of-an-elite-831409>.





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Other quotes of Ludwig von Mises


Innovators and creative geniuses cannot be reared in schools. They are precisely the men who defy what the school has taught them.

Innovators and creative geniuses cannot be reared in schools. They are precisely the men who defy what the school has taught them.



The worst evils which mankind has ever had to endure were inflicted by bad governments.

The worst evils which mankind has ever had to endure were inflicted by bad governments.



[E]conomic history is a long record of government policies that failed because they were designed with a bold disregard for the laws of economics

[E]conomic history is a long record of government policies that failed because they were designed with a bold disregard for the laws of economics



The real bosses, in the capitalist system of market economy, are the consumers.

The real bosses, in the capitalist system of market economy, are the consumers.



Government cannot make man richer, but it can make him poorer.

Government cannot make man richer, but it can make him poorer.



The root of the evil is not the construction of new, more dreadful weapons. It is the spirit of conquest.

The root of the evil is not the construction of new, more dreadful weapons. It is the spirit of conquest.



If one rejects laissez faire on account of mans fallibility and moral weakness, one must for the same reason also reject every kind of government action.

If one rejects laissez faire on account of mans fallibility and moral weakness, one must for the same reason also reject every kind of government action.



The main political problem is how to prevent the police power from becoming tyrannical. This is the meaning of all the struggles for liberty.

The main political problem is how to prevent the police power from becoming tyrannical. This is the meaning of all the struggles for liberty.



Manufacturing and commercial monopolies owe their origin not to a tendency imminent in a capitalist economy but to governmental interventionist policy directed against free trade and laissez faire.

Manufacturing and commercial monopolies owe their origin not to a tendency imminent in a capitalist economy but to governmental interventionist policy directed against free trade and laissez faire.



Capitalism needs neither propaganda nor apostles. Its achievements speak for themselves. Capitalism delivers the goods.

Capitalism needs neither propaganda nor apostles. Its achievements speak for themselves. Capitalism delivers the goods.





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I cannot count the good people I know who, to my mind, would be even better if they bent their spirits to the study of their own hungers.

I cannot count the good people I know who, to my mind, would be even better if they bent their spirits to the study of their own hungers.



Friendship is the positive and unalterable choice of a person whom we have singled out for qualitites that we admire.

Friendship is the positive and unalterable choice of a person whom we have singled out for qualitites that we admire.



What rules the world is idea, because ideas define the way reality is perceived.

What rules the world is idea, because ideas define the way reality is perceived.



We all choke. Winners know how to handle choking better than losers.

We all choke. Winners know how to handle choking better than losers.



That old black magic has me in its spell, That old black magic that you weave so well; Icy fingers up and down my spine, The same old witchcraft when your eyes meet mine.

That old black magic has me in its spell, That old black magic that you weave so well; Icy fingers up and down my spine, The same old witchcraft when your eyes meet mine.



The EU is on the brink of becoming a European Federation by the year 2010... I feel sure that Britain will fall in line.

The EU is on the brink of becoming a European Federation by the year 2010... I feel sure that Britain will fall in line.



Sacha Baron Cohen is one of my heroes.

Sacha Baron Cohen is one of my heroes.



Being a parent is the hardest job ever in life.

Being a parent is the hardest job ever in life.



No matter how well you do, no matter how successful you are, they're always going to criticize you.

No matter how well you do, no matter how successful you are, they're always going to criticize you.



Greatness is not attainable, but in the pursuit of it, you can achieve excellence.

Greatness is not attainable, but in the pursuit of it, you can achieve excellence.




Quote Description


This page presents the quote "Innovation is the whim of an elite before it becomes a need of the public.". Author of this quote is Ludwig von Mises. This quote is about whim, innovation, needs,.