A Quote by Ludwig Erhard

Competition is the most promising means to achieve and secure prosperity. It alone enables people in their role of consumer to gain from economic progress. It ensures that all advantages which result from higher productivity may eventually be enjoyed.

Ludwig Erhard

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Achieve Advantages Alone Competition Consumer Economic Economic Progress Enables Enjoyed Eventually Gain Higher May Means Most People Productivity Progress Promising Prosperity Result Role Secure Which

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Ludwig Erhard
German - Politician
February 4, 1897 - May 5, 1977

Some people think it's a law that when productivity goes up, everybody benefits. There is no economic law that says technological progress has to benefit everybody or even most people. It's possible that productivity can go up and the economic pie gets bigger, but the majority of people don't share in that gain.

Erik Brynjolfsson

It stands to reason: Higher wages means higher loyalty and morale, which means higher productivity, which means a more profitable business.

Tom Perez

An environment of peace and security is essential for regional cooperation to progress and achieve economic development and prosperity of our people.

Sushma Swaraj

The public firm can nowhere maintain itself in free competition with the private firm; it is possible today only where it has a monopoly that excludes competition. Even that alone is evidence of its lesser economic productivity.

Ludwig von Mises

This is what evolution means--ordered progress; development from poorer to richer, from lower to higher, from less to greater--progress. In the material universe, progress to higher forms; in the moral universe, progress to higher life.

Lyman Abbott

Most [people] see education only as the means by which a person is transported from one economic plane to a higher one.

Richard M. Weaver

By competition the total amount of supply is increased, and by increase of the supply a competition in the sale ensues, and this enables the consumer to buy at lower rates. Of all human powers operating on the affairs of mankind, none is greater than that of competition.

Henry Clay

When the consumer is strong, the American economy will be strong, so consumer protection actually serves economic growth and economic progress.

Richard Cordray

All the perks, all the benefits and advantages you may get for the rank or position you hold, they aren’t meant for you. They are meant for the role you fill. And when you leave your role, which eventually you will, they will give the ceramic cup to the person who replaces you. Because you only ever deserved a Styrofoam cup.

Simon Sinek

Higher productivity enables companies to increase sales without adding workers. Even if job markets tighten and wages rise, corporate profits can continue to climb as long as worker productivity is growing faster than overall wages.

Alex Berenson

It's classic the way liberalism works. If anybody has an advantage over anybody for any reason, it's not permitted. It's not fair. And it's got to be regulated and equalized. And in the process, competition's destroyed and when competition goes, so do consumer advantages.

Rush Limbaugh

The only way to create prosperity is to do more with less. In economic terms, an increase in productivity is an increase in the amount or quality of output generated for each unit of input. Jobs do not make society wealthier - productivity does.

Joe Lonsdale

Economic progress means the discovery and application of better ways of doing things to satisfy our wants. The piping of water to a household that previously dragged it from a well, the growing of two blades of grass where one grew before, the development of a power loom that enables one man to weave ten times as much as he could before, the use of steam power and electric power instead of horse or human power - all these things clearly represent economic progress.

Kenneth E. Boulding

An almost indispensable skill for any creative person is the ability to pose the right questions. Creative people identify promising, exciting, and, most important, accessible routes to progress - and eventually formulate the questions correctly.

Lisa Randall

The quickest and surest way to production, prosperity, and economic growth is through private enterprise. The best way for governments to encourage private enterprise is to establish justice, to enforce contracts, to insure domestic peace and tranquility, to protect private property, and to secure the blessings of liberty including economic liberty - which means to stop putting obstacles in the way of private enterprise.

Henry Hazlitt

Productivity growth is the only possible way to achieve prosperity.

Mario Draghi

A Quote by Ludwig Erhard

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