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Ludwig von Mises Quotes: The central element in the economic problem of money is the objective exchange-value of money, popularly called its purchasing power.
         

The central element in the economic problem of money is the objective exchange-value of money, popularly called its purchasing power.


Ludwig von Mises
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The central element in the economic problem of money is the objective exchange-value of money, popularly called its purchasing power.
         



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Other quotes of Ludwig von Mises


Innovators and creative geniuses cannot be reared in schools. They are precisely the men who defy what the school has taught them.

Innovators and creative geniuses cannot be reared in schools. They are precisely the men who defy what the school has taught them.



The worst evils which mankind has ever had to endure were inflicted by bad governments.

The worst evils which mankind has ever had to endure were inflicted by bad governments.



[E]conomic history is a long record of government policies that failed because they were designed with a bold disregard for the laws of economics

[E]conomic history is a long record of government policies that failed because they were designed with a bold disregard for the laws of economics



The real bosses, in the capitalist system of market economy, are the consumers.

The real bosses, in the capitalist system of market economy, are the consumers.



Government cannot make man richer, but it can make him poorer.

Government cannot make man richer, but it can make him poorer.



The root of the evil is not the construction of new, more dreadful weapons. It is the spirit of conquest.

The root of the evil is not the construction of new, more dreadful weapons. It is the spirit of conquest.



If one rejects laissez faire on account of mans fallibility and moral weakness, one must for the same reason also reject every kind of government action.

If one rejects laissez faire on account of mans fallibility and moral weakness, one must for the same reason also reject every kind of government action.



The main political problem is how to prevent the police power from becoming tyrannical. This is the meaning of all the struggles for liberty.

The main political problem is how to prevent the police power from becoming tyrannical. This is the meaning of all the struggles for liberty.



Manufacturing and commercial monopolies owe their origin not to a tendency imminent in a capitalist economy but to governmental interventionist policy directed against free trade and laissez faire.

Manufacturing and commercial monopolies owe their origin not to a tendency imminent in a capitalist economy but to governmental interventionist policy directed against free trade and laissez faire.



Capitalism needs neither propaganda nor apostles. Its achievements speak for themselves. Capitalism delivers the goods.

Capitalism needs neither propaganda nor apostles. Its achievements speak for themselves. Capitalism delivers the goods.





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Quote Description


This page presents the quote "The central element in the economic problem of money is the objective exchange-value of money, popularly called its purchasing power.". Author of this quote is Ludwig von Mises. This quote is about freedom, economics, capitalism, money,.