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||It is an enormous simplification to speak of the American mind. Every American has his own mind. ||Theory and History|| pp. 191-92||America
|Ludwig von Mises||Used to the conditions of a capitalistic environment, the average American takes it for granted that every year business makes something new and better accessible to him. Looking backward upon the years of his own life, he realizes that many implements that were totally unknown in the days of his youth and many others which at that time could be enjoyed only by a small minority are now standard equipment of almost every household. He is fully confident that this trend will prevail also in the future. He simply calls it the American way of life and does not give serious thought to the question of what made this continuous improvement in the supply of material goods possible.||Economic Freedom and Interventionism|| p. 7||America
|Ludwig von Mises||The most serious dangers for American freedom and the American way of life do not come from without.||Economic Freedom and Interventionism|| p. 101||America
|Ludwig von Mises||Full government control of all activities of the individual is virtually the goal of both national parties.||Economic Freedom and Interventionism|| p. 157||America