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Ludwig von Mises Quotes: What is lacking to the underdeveloped nations is not knowledge, but capital.
         

What is lacking to the underdeveloped nations is not knowledge, but capital.


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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Creativity is a fragile, delicate flower, which must be cautiously cared forand protected, from the harsh elementsof "human weather.

Creativity is a fragile, delicate flower, which must be cautiously cared forand protected, from the harsh elementsof "human weather.



Travel is a lot like love.

Travel is a lot like love.



I have made more documentaries in my time than I think I care to remember, though I am immensely proud of all my work.

I have made more documentaries in my time than I think I care to remember, though I am immensely proud of all my work.



You're supposed to trust friends. You have no reason to be his friend? That is part of the pleasure of friendship: trusting without absolute evidence and then being rewarded for that trust.

You're supposed to trust friends. You have no reason to be his friend? That is part of the pleasure of friendship: trusting without absolute evidence and then being rewarded for that trust.



When I'm in New York I look at the Empire State Building and feel as though it belongs to me ... or is it vice versa?

When I'm in New York I look at the Empire State Building and feel as though it belongs to me ... or is it vice versa?



I'm a working stiff. I just happened to be around at the right time, and nobody else wanted the job.

I'm a working stiff. I just happened to be around at the right time, and nobody else wanted the job.



There should be no more shame in acknowledging (mental illness) than in acknowledging a battle with high blood pressure or the sudden appearance of a malignant tumor.

There should be no more shame in acknowledging (mental illness) than in acknowledging a battle with high blood pressure or the sudden appearance of a malignant tumor.



It is in times of great tragedy when the true spirit of our wonderful country unites as one.

It is in times of great tragedy when the true spirit of our wonderful country unites as one.



When we stop playing God, God can play through us.

When we stop playing God, God can play through us.



Someone could walk into this room and say your life is on fire.

Someone could walk into this room and say your life is on fire.




Quote Description


This page presents the quote "What is lacking to the underdeveloped nations is not knowledge, but capital.". Author of this quote is Ludwig von Mises. This quote is about knowledge, lacking, nations,.