A Quote by Ludwig von Mises

No private enterprise will ever fall prey to bureaucratic methods of management if it is operated with the sole aim of making profit.

Ludwig von Mises

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Aim Bureaucratic Enterprise Ever Fall Making Management Methods Prey Private Private Enterprise Profit Sole Will

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Ludwig von Mises
Austrian - Economist
September 29, 1881 - October 10, 1973

In actual fact, it is the State, i.e., the taxpayer who has become responsible to private enterprise. In Fascist Italy the State pays for the blunders of private enterprise Profit is private and individual. Loss is public and social.

Gaetano Salvemini

The future of private enterprise capitalism is also the future of a free society. There is no possibility of having a politically free society unless the major part of its economic resources are operated under a capitalistic private enterprise system.

Milton Friedman

To want a job that exercises a man's capacities in an enterprise useful to society, is utopian anarcho-syndicalism; it is labor invading the domain of management. No labor leader has entertained such a thought in our generation. Management has the "sole prerogative" to determine the products.

Paul Goodman

Private enterprise is ceasing to be free enterprise. Private enterprise, indeed, became too private. It became privileged enterprise, not free enterprise.

Franklin D. Roosevelt

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

It is a popular error that bureaucracy is less flexible than private enterprise. It may be so in detail, but when large scale adaptations have to be made, central control is far more flexible. It may take two months to get an answer to a letter from a government department, but it takes twenty years for an industry under private enterprise to readjust itself to a fall in demand.

Joan Robinson

The sole function of Government is to bring about a condition of affairs favorable to the beneficial development of private enterprise.

Herbert Hoover

The real question of government versus private enterprise is argued on too philosophical and abstract a basis. Theoretically, planning may be good. But nobody has ever figured out the cause of government stupidity—and until they do (and find the cure), all ideal plans will fall into quicksand.

Richard P. Feynman

It would be madness to let the purposes or the methods of private enterprise set the habits of the age of atomic energy.

Harold Laski

We stand for the maintenance of private property... We shall protect free enterprise as the most expedient, or rather the sole possible economic order.

Adolf Hitler

There can be no freedom of the individual, no democracy, without the capital system, the profit system, the private enterprise system. These are, in the end, inseparable. Those who would destroy freedom have only first to destroy the hope of gain, the profit of enterprise and risk-taking, the hope of accumulating capital, the hope to save something for one's old age and for one's children. For a community of men without property, and without the hope of getting it by honest effort, is a community of slaves of a despotic State.

Russell Cornell Leffingwell

Canada needs to dismantle its public health-care system and allow private enterprise to get involved and turn a profit.

Sarah Palin

The profit motive, when it is the sole basis of an economic system, encourages a cutthroat competition and selfish ambition that inspires men to be more concerned about making a living than making a life.

Martin Luther King, Jr.

There can be no profit in the making or selling of things to be destroyed in war. Men may think that they have such profit, but in the end the profit will turn out to be a loss.

Alexander Hamilton

Profit is not the proper end and aim of management - it is what makes all of the proper ends and aims possible

David Packard

Created half to rise, and half to fall; Great lord of all things, yet a prey to all; Sole judge of truth, in endless error hurled; The glory, jest, and riddle of the world!

Pope Francis

A Quote by Ludwig von Mises

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