Ludwig von Mises: "We owe the origin and development of human society and, consequently, of culture and civilization, to the fact that work performed under the division of labor is more productive than when performed in isolation." - Epistemological Problems of Economics
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.
Put Mises quotes on your site.
Browse by subject: Scarcity
|Ludwig von Mises||The available supply of every commodity is limited. If it were not scarce with regard to the demand of the public, the thing in question would not be considered an economic good, and no price would be paid for it.||Human Action|| p. 356; p. 359||Scarcity