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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Browse by subject: Austrian economists
|Ludwig von Mises||The main and only concern of the Austrian economists was to contribute to the advancement of economics. They never tried to win the support of anybody by other means than by the convincing power developed in their books and articles. ||Austrian Economics: An Anthology|| p. 72||Austrian economists
|Ludwig von Mises||Those whom the world called the Austrian economists were, in the Austrian universities, somewhat reluctantly tolerated outsiders.||Austrian Economics: An Anthology|| p. 56||Austrian economists
|Ludwig von Mises||What distinguishes the Austrian School and will lend it everlasting fame is its doctrine of economic action, in contrast to one of economic equilibrium or nonaction.||Notes and Recollections|| p. 36||Austrian economists