A Quote by Ludwig von Mises

The riches of successful entrepreneurs is not the cause of anybody's poverty; it is the consequence of the fact that the consumers are better supplied than they would have been in the absence of the entrepreneur's efforts.

Ludwig von Mises

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Absence Anybody Been Better Cause Consequence Consumers Efforts Entrepreneur Entrepreneurs Fact Poverty Riches Successful Successful Entrepreneurs Than Would

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

The riches of the rich are not the cause of the poverty of anybody; the process that makes some people rich is, on the contrary, the corollary of the process that improves many peoples want satisfaction. The entrepreneurs, the capitalists and the technologists prosper as far as they succeed in best supplying the consumers.

Ludwig von Mises

Good entrepreneurs can manage, but no one but an entrepreneur can entrepreneur, let alone help build and lead the world's community of leading social entrepreneurs and their top business entrepreneur allies.

Bill Drayton

It is not the fault of the entrepreneurs that the consumers,the people, the common man,prefer liquor to Bibles and detective stories to serious books, and that governments prefer guns to butter. The entrepreneur does not make greater profits in selling bad things than in selling good things. His profits are the greater the better he succeeds in providing the consumers with those things they ask for most intensely.

Ludwig von Mises

I have simplified my politics into an utter detestation of all existing governments; and, as it is the shortest and most agreeable and summary feeling imaginable, the first moment of an universal republic would convert me into an advocate for single and uncontradicted despotism. The fact is, riches are power, and poverty is slavery all over the earth, and one sort of establishment is no better, nor worse, for a people than another.

Lord Byron

The entrepreneur profits to the extent he has succeeded in serving the consumers better than other people have done.

Ludwig von Mises

The two roads that lead to poverty and riches travel in opposite directions. If you want riches, you must refuse to accept any circumstance that leads to poverty. (The word riches is here used in its broadest sense, meaning financial, spiritual, mental, and material estates).

Napoleon Hill

Better poverty without care, than riches with.

Aesop

We have already discovered the fact that fear is the chief reason for poverty and failure and misery that takes on a thousand different forms. We have already discovered the fact that the man who masters fear may march on to successful achievement in practically any undertaking, despite all efforts to defeat him.

Napoleon Hill

We think there are better solutions to fighting poverty because we see what the War on Poverty has produced. It produced tens of trillions of dollars in spending. It has been a 51-year exercise, and yet the poverty rates in America today are not much better than when we started the War on Poverty.

Paul Ryan

The only source from which an entrepreneurs profits stem is his ability to anticipate better than other people the future demand of the consumers.

Ludwig von Mises

Successful entrepreneurs always give 100% of their efforts to everything they do.

Naveen Jain

Poverty, the existence of the poor, was the first cause of riches.

Peter Kropotkin

Riches are gotten with pain, kept with care, and lost with grief. The cares of riches lie heavier upon a good man than the inconveniences of an honest poverty.

Roger L'Estrange

You gotta know that you're better than anybody, 'cause to me, if you don't go in like that, you're gonna lose! They're gonna punk you out! On any stage, court, business venture, on the anchor desk - whatever. You've got to go in believing, 'I can do this better than anybody.'

Stuart Scott

The consumers are merciless. They never buy in order to benefit a less efficient producer and to protect him against the consequences of his failure to manage better. They want to be served as well as possible. And the working of the capitalist system forces the entrepreneur to obey the orders issued by the consumers.

Ludwig von Mises

There is nothing in all the world greater than freedom. It is worth paying for; it is worth going to jail for. I would rather be a free pauper than a rich slave. I would rather die in abject poverty with my convictions than live in inordinate riches with the lack of self respect.

Martin Luther King, Jr.

A Quote by Ludwig von Mises

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