Go_to_gaia_btn
Mygaia_btn
Comm_home_btn
Gaia_mail_btn
Remember me
Powered by Zaadz
Explore
Questions & Reflections

A Quote by Ludwig von Mises on economic progress, development, wealth, capitalism, economy, politics, and coercion

What is called economic progress is the joint effect of the activities of the three progressive groups—or classes—of the savers, the scientist-inventors, and the entrepreneurs, operating in a market economy as far as it is not sabotaged by the endeavors of the nonprogressive majority of the routinists and the public policies supported by them.

Ludwig von Mises : Gaia Explorer
Ludwig von Mises
Source: Mises, Ludwig Von (1962). The Ultimate foundation of Economic Science (2nd ed.). Foundation of Economic Education: Irvington-on-Hudson, NY. p. 127
Contributed by: peter. More quotes added by peter from all sources
Quote

You have to be a Gaia member to post comments.
Login or Join now!