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Ludwig von Mises Quotes: The policy of letting the free market determine the height of wage rates is the only reasonable and successful full-employment policy.
         

The policy of letting the free market determine the height of wage rates is the only reasonable and successful full-employment policy.


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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When I've tried to reinvent the wheel, I get bashed for not doing the familiar things.

When I've tried to reinvent the wheel, I get bashed for not doing the familiar things.



It is one thing to be awakened to injustice and quite another to be willing to be inconvenienced and interrupted to do something about it.

It is one thing to be awakened to injustice and quite another to be willing to be inconvenienced and interrupted to do something about it.



It is the difference between men and women, not the sameness, that creates the tension and the delight.

It is the difference between men and women, not the sameness, that creates the tension and the delight.



A woman says to a man, "I haven't seen you around here." "Yes, I just got out of jail for killing my wife." "So you're single!"

A woman says to a man, "I haven't seen you around here." "Yes, I just got out of jail for killing my wife." "So you're single!"



Write down five things you love to do. Next, write down five things that you're really good at. Then just try to match them up! Revisit your list once a year to make sure you're on the right track.

Write down five things you love to do. Next, write down five things that you're really good at. Then just try to match them up! Revisit your list once a year to make sure you're on the right track.



Adele is so great! I love "Someone Like You"! Everyone is just raving about it. What's so nice about it - and a lot of her songs - is it just takes it back to basics.

Adele is so great! I love "Someone Like You"! Everyone is just raving about it. What's so nice about it - and a lot of her songs - is it just takes it back to basics.



The lion who breaks the enemy's ranks is a minor hero compared to the lion who overcomes himself.

The lion who breaks the enemy's ranks is a minor hero compared to the lion who overcomes himself.



Obviously if there are guns on the street there's going to be more violence. That being said, I happen not to trust the government.

Obviously if there are guns on the street there's going to be more violence. That being said, I happen not to trust the government.



Light and liberty go together.

Light and liberty go together.




Quote Description


This page presents the quote "The policy of letting the free market determine the height of wage rates is the only reasonable and successful full-employment policy.". Author of this quote is Ludwig von Mises. This quote is about policy, reasonable, successful, employment, determine, height, free market,.