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Ludwig von Mises Quotes: The only source from which an entrepreneurs profits stem is his ability to anticipate better than other people the future demand of the consumers.
         

The only source from which an entrepreneurs profits stem is his ability to anticipate better than other people the future demand of the consumers.


Ludwig von Mises
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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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Life has a vendetta against writers. It does everything in it's power to get in the way of our craft. Maybe it thinks we embellish too much?

Life has a vendetta against writers. It does everything in it's power to get in the way of our craft. Maybe it thinks we embellish too much?



I won't sleepif that's what it takesto not wake upas myself

I won't sleepif that's what it takesto not wake upas myself



Never test good people because they are like diamonds. when you hit them, they will not break but they will only slip away from your life

Never test good people because they are like diamonds. when you hit them, they will not break but they will only slip away from your life



There is no such thing in anyone's life as an unimportant day.

There is no such thing in anyone's life as an unimportant day.



One has a prejudice wherever one fears a transformation.

One has a prejudice wherever one fears a transformation.



Around 400 million people in the last year got a smartphone. If you think that’s a big deal, imagine the impact on that person in the developing world.

Around 400 million people in the last year got a smartphone. If you think that’s a big deal, imagine the impact on that person in the developing world.



Poetry is in itself strength and joy, whether it be crowned by all mankind, or left alone in its own magic hermitage.

Poetry is in itself strength and joy, whether it be crowned by all mankind, or left alone in its own magic hermitage.



Of all the things that matter, that really and truly matter, working more efficiently and getting more done, is not one of them.

Of all the things that matter, that really and truly matter, working more efficiently and getting more done, is not one of them.



I write at high speed because boredom is bad for my health.

I write at high speed because boredom is bad for my health.



Texan is what you are, not what you were or might be.

Texan is what you are, not what you were or might be.




Quote Description


This page presents the quote "The only source from which an entrepreneurs profits stem is his ability to anticipate better than other people the future demand of the consumers.". Author of this quote is Ludwig von Mises. This quote is about entrepreneur, demand, anticipate, stem, people, future, source, consumers, ability,.