A Quote by Ludwig von Mises

[T]he essence of so-called war prosperity: it enriches some by what it takes from others. It is not rising wealth but a shifting of wealth and income.

Ludwig von Mises

Quote Topics

Essence Income Others Prosperity Rising Shifting So-Called Some Takes War Wealth

Quote Author

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

Most people have it all wrong about wealth in America. Wealth is not the same as income. If you make a good income each year and spend it all, you are not getting wealthier. You are just living high. Wealth is what you accumulate, not what you spend.

Thomas J. Stanley

While no amount of financial wealth can guarantee an experience of prosperity, it is possible to experience prosperity at almost any level of income, except when we are unable to meet our basic physical needs.

Shakti Gawain

If you don't put a value on money and seek wealth, you most probably won't receive it. You must seek wealth for it to seek you. If no burning desire for wealth arises within you, wealth will not arise around you. Having definiteness of purpose for acquiring wealth is essential for its acquisition.

John Frederick Demartini

We must ensure the economy really works for all, to address unconscionable wealth and income disparities that allow access to opportunity for some over others.

Beto O'Rourke

The essence of wealth is the capacity to control the forces of nature, and the extent of wealth depends upon the level of technology and the ability to create new knowledge.

Julian Simon

The distribution of wealth is even more unequal than that of income. ...The wealthiest 5% of American households held 54% of all wealth reported in the 1989 survey. Their share rose to 61% in 2010 and reached 63% in 2013. By contrast, the rest of those in the top half of the wealth distribution ?families that in 2013 had a net worth between $81,000 and $1.9 million ?held 43% of wealth in 1989 and only 36% in 2013.

Janet Yellen

Fortune, the great commandress of the world, Hath divers ways to advance her followers: To some she gives honor without deserving; To other some, deserving without honor; Some wit, some wealth,--and some, wit without wealth; Some wealth without wit; some nor wit nor wealth.

George Chapman

Bare-faced covetousness was the moving spirit of civilization from its first dawn to the present day; wealth, and again wealth, and for the third time wealth; wealth, not of society, but of the puny individual, was its only and final aim.

Friedrich Engels

One of the worst features of all the plans for sharing wealth and equalizing or guaranteeing incomes is that they lose sight of the conditions and institution s that are necessary to create wealth and income in the first place.

Henry Hazlitt

We have among us a class of mammon worshippers, whose one test of conservatism, or radicalism, is the attitude one takes with respect to accumulated wealth. Whatever tends to preserve the wealth of the wealthy is called conservatism, and whatever favors anything else, no matter what, they call socialism.

Richard T. Ely

I believe that science is the engine of prosperity, that if you look around at the wealth of civilization today, it's the wealth that comes from science.

Michio Kaku

Suddenly absurdism wasn’t an intellectual abstraction, it was actually realism. You could see the way that wealth was begetting wealth, wealth was begetting comfort — and that the cumulative effect of an absence of wealth was the erosion of grace.

George Saunders

Socialism takes and redistributes wealth, but it is utterly incapable of creating wealth.

Leonard Read

We live in a country where a small number of people have incredible wealth and power. America has more income and wealth inequality than any other major country.

Bernie Sanders

Lenin is said to have declared that the best way to destroy the Capitalist System was to debauch the currency. By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens. By this method they not only confiscate, but they confiscate arbitrarily; and, while the process impoverishes many, it actually enriches some. The sight of this arbitrary rearrangement of riches strikes not only at security, but at confidence in the equity of the existing distribution of wealth.