Ludwig von Mises: "Monetary calculation and cost accounting constitute the most important intellectual tool of the capitalist entrepreneur, and it was no one less than Goethe who pronounced the system of double-entry bookkeeping one of the finest inventions of the human mind." - Liberalism
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|Ludwig von Mises||This is the difference between slavery and freedom. The slave must do what his superior orders him to do, but the free citizenand this is what freedom meansis in a position to choose his own way of life.||Economic Policy|| p. 23||Slavery
|Ludwig von Mises||Servile labor disappeared because it could not stand the competition of free labor; its unprofitability sealed its doom in the market economy.||Human Action|| p. 625; p. 630||Slavery
|Ludwig von Mises||At no time and at no place was it possible for enterprises employing servile labor to compete on the market with enterprises employing free labor. Servile labor could always be utilized only where it did not have to meet the competition of free labor.||Human Action|| p. 626; p. 630||Slavery
|Ludwig von Mises||When treated as a chattel, man renders a smaller yield per unit of cost expended for current sustenance and guarding than domestic animals.||Human Action|| p. 626; pp. 630-31||Slavery
|Ludwig von Mises||Slavery did not prepare the way for division of labor. On the contrary it blocked the way. Indeed modern industrial society, with its highly developed division of labor, could not begin to grow until slavery had been abolished.||Socialism|| p. 297||Slavery
|Ludwig von Mises||Private ownership in the means of production is the only necessary condition for the extensive development of the division of labor. The enslavement of the worker was not necessary to create it.||Socialism|| p. 297||Slavery
|Ludwig von Mises||Everyone who preaches the right of the stronger considers himself as the stronger. He who espouses the institution of slavery never stops to reflect that he himself could be a slave.||Liberalism|| p. 64||Slavery