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Ludwig von Mises Quotes: The boom squanders through malinvestment scarce factors of production and reduces the stock available through overconsumption; its alleged blessings are paid for by impoverishment.
         

The boom squanders through malinvestment scarce factors of production and reduces the stock available through overconsumption; its alleged blessings are paid for by impoverishment.


Ludwig von Mises
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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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To Be Empowered Is To Fulfill Destiny

To Be Empowered Is To Fulfill Destiny



I am never lonely when I am sharing [Christ] with others. There is a great exhilaration in talking to others about [Him].

I am never lonely when I am sharing [Christ] with others. There is a great exhilaration in talking to others about [Him].



There is nothing as sincere as a mother's kiss.

There is nothing as sincere as a mother's kiss.



I did send a girl a plane ticket asking her for a visit, I guess that's quite romantic.

I did send a girl a plane ticket asking her for a visit, I guess that's quite romantic.



I knew I wanted children in my life. The acting was always in relation to it. Life at home is chaos. They're wonderful. They're such interesting human beings. I just love it. I'm lucky.

I knew I wanted children in my life. The acting was always in relation to it. Life at home is chaos. They're wonderful. They're such interesting human beings. I just love it. I'm lucky.



Only as you do know yourself can your brain serve you as a sharp and efficient tool. Know your own failings, passions, and prejudices so you can separate them from what you see.

Only as you do know yourself can your brain serve you as a sharp and efficient tool. Know your own failings, passions, and prejudices so you can separate them from what you see.



It's a hard loss when you lose by one point.

It's a hard loss when you lose by one point.



Just as no one can be forced into belief, so no one can be forced into unbelief.

Just as no one can be forced into belief, so no one can be forced into unbelief.



You can only improve what you measure.

You can only improve what you measure.




Quote Description


This page presents the quote "The boom squanders through malinvestment scarce factors of production and reduces the stock available through overconsumption; its alleged blessings are paid for by impoverishment.". Author of this quote is Ludwig von Mises. This quote is about overconsumption, paid, scarce, factors of production, blessing, available,.