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Ludwig von Mises: "In the long run no government can maintain itself in power if it does not have public opinion behind it, i.e., if those governed are not convinced that the government is good." - Liberalism


Quotable MisesThis database of quotations from Mises was prepared for The Quotable Mises edited by Mark Thornton, available from the Mises Institute store for $20. Send corrections to the editor. Here is a source page on the editions of the books referenced.

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AuthorQuoteSourcePageSubject
Ludwig von MisesThe prerequisite for more economic equality in the world is industrialization. And this is possible only through increased capital investment, increased capital accumulation.Economic Policy p. 86Development
Ludwig von MisesThe poverty of the backward nations is due to the fact that their policies of expropriation, discriminatory taxation and foreign exchange control prevent the investment of foreign capital while their domestic policies preclude the accumulation of indigenous capital.The Anti-Capitalistic Mentality p. 83Development
Ludwig von MisesWhat is called the American way of life is the result of the fact that the United States has put fewer obstacles in the way of saving and capital accumulation than in other nations.Planning for Freedom p. 152Development
Ludwig von MisesIt is not true that the economic backwardness of foreign countries is to be imputed to technological ignorance on the part of their peoples.Planning for Freedom p. 196Development
Ludwig von MisesIt is not a lack of the know how that prevents foreign countries from fully adopting American methods of manufacturing, but the insufficiency of capital available.Planning for Freedom p. 197Development
Ludwig von MisesCapitalists have the tendency to move towards those countries in which there is plenty of labor available and in which labor is reasonable. And by the fact that they bring capital into these countries, they bring about a trend toward higher wage rates.Economic Policy p. 89Development
Ludwig von MisesThe problem of rendering the underdeveloped nations more prosperous cannot be solved by material aid. It is a spiritual and intellectual problem. Prosperity is not simply a matter of capital investment. It is an ideological issue. What the underdeveloped countries need first is the ideology of economic freedom and private enterprise.Money, Method, and the Market Process p. 173Economic Development