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Ludwig von Mises: "If one wants to study the reasons for Europes backwardness, it would be necessary to examine the manifold laws and regulations that prevented in Europe the establishment of an equivalent of the American drug store and crippled the evolution of chain stores, department stores, super markets and kindred outfits." - Planning for Freedom


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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Ludwig von MisesThe factory owners did not have the power to compel anybody to take a factory job. They could only hire people who were ready to work for the wages offered to them…. Their only refuge was the factory. It saved them, in the strict sense of the term, from death by starvation.Human Action p. 615; pp. 619-20Industrial Revolution
Ludwig von MisesThe outstanding fact about the Industrial Revolution is that it opened an age of mass production for the needs of the masses. .Human Action p. 616; p. 621Industrial Revolution
Ludwig von MisesThe market economy itself was not a product of violent actionof revolutionsbut of a series of gradual peaceful changes. The implications of the term industrial revolution are utterly misleading.The Ultimate Foundation of Economic Science p. 109Industrial Revolution