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Ludwig von Mises Quotes: The sharper the competition, the better it serves its social function to improve economic production.
         

The sharper the competition, the better it serves its social function to improve economic production.


Ludwig von Mises
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"Ludwig von Mises Quotes." Quoteslyfe.com, 2024. Sat. 04 May. 2024. <https://www.quoteslyfe.com/quote/The-sharper-the-competition-the-better-it-831322>.





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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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A gold standard doesn't imply stability in the prices of the goods and services that people buy every day, it implies a stability in the price of gold itself.

A gold standard doesn't imply stability in the prices of the goods and services that people buy every day, it implies a stability in the price of gold itself.



And if it can’t be fun, what’s the point?

And if it can’t be fun, what’s the point?



Our investment bank looks like it does because its customers like our expansive network and want to do equity, debt, M&A, custody, move money, deposit money, et cetera.

Our investment bank looks like it does because its customers like our expansive network and want to do equity, debt, M&A, custody, move money, deposit money, et cetera.



Future hipsters will love me ironically.

Future hipsters will love me ironically.



Open your heart and love and be loved, my mother still loves me. She's 96.

Open your heart and love and be loved, my mother still loves me. She's 96.



Art has no cosmology, it gives us no view of the universe; every distinct work of art gives us a little cosmology of its own, and no ingenuity will combine all these into a single whole.

Art has no cosmology, it gives us no view of the universe; every distinct work of art gives us a little cosmology of its own, and no ingenuity will combine all these into a single whole.



For the last years now I've had my own academy where I train Brazilian Jujitsu and Tae boxing, Muay Thai everyday.

For the last years now I've had my own academy where I train Brazilian Jujitsu and Tae boxing, Muay Thai everyday.



My voice has gotten me everything in my life, not my hair.

My voice has gotten me everything in my life, not my hair.



Even in my dreams, I’m an idiot who knows he’s about to wake up to reality.

Even in my dreams, I’m an idiot who knows he’s about to wake up to reality.



The world in which you were born is just one model of reality. Other cultures are not failed attempts at being you; they are unique manifestations of the human spirit.

The world in which you were born is just one model of reality. Other cultures are not failed attempts at being you; they are unique manifestations of the human spirit.




Quote Description


This page presents the quote "The sharper the competition, the better it serves its social function to improve economic production.". Author of this quote is Ludwig von Mises. This quote is about function, economic, competition, social,.