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The Ludwig von Mises Institute

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Ludwig von Mises: "Continued adherence to a policy of compulsory education is utterly incompatible with efforts to establish lasting peace." - Liberalism


Quotable MisesThis database of quotations from Mises was prepared for The Quotable Mises edited by Mark Thornton, available from the Mises Institute store for $20. Send corrections to the editor. Here is a source page on the editions of the books referenced.

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Top> Browse by subject: Economic Progress
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Ludwig von MisesEconomic progress is the work of the savers, who accumulate capital, and of the entrepreneurs, who turn capital to new uses. The other members of society, of course, enjoy the advantages of progress, but they not only do not contribute anything to it; they even place obstacles in its way.Epistemological Problems of Economics p. 228Economic Progress