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||Democracy is not a good that people can enjoy without trouble. It is, on the contrary, a treasure that must be daily defended and conquered anew by strenuous effort.||Bureaucracy|| p. 121||Democracy
|Ludwig von Mises||Democracy too is not divine.||Omnipotent Government|| p. 47||Democracy
|Ludwig von Mises||Majorities are no less exposed to error and frustration than kings and dictators. That a fact is deemed true by the majority does not prove its truth.||Omnipotent Government|| p. 47||Democracy
|Ludwig von Mises||People can today seek salvation only in democracy, in the right of self-determination both of individuals and of nations.||Nation, State, and Economy|| p. 131||Democracy