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||Truth has its own way. It works and produces effects even if party programs and textbooks refuse to acknowledge it as truth.||Planning for Freedom|| p. 11||Truth
|Ludwig von Mises||Truth is not the halfway point between two untruths.||On the Manipulation of Money and Credit|| p. 88||Truth
|Ludwig von Mises||Yet the criterion of truth is that it works even if nobody is prepared to acknowledge it.||The Ultimate Foundation of Economic Science|| p. 94||Truth
|Ludwig von Mises||At least one of the characteristic marks of a true theory is that action based on it succeeds in attaining the expected result. In this sense, truth works while untruth does not work.||Theory and History|| p. 123||Truth
|Ludwig von Mises||Truth refers to what is or was, not to a state of affairs that is not or was not but would suit the wishes of the truth-seeker better.||Theory and History|| p. 298||Truth
|Ludwig von Mises||Governments, political parties, pressure groups, and the bureaucrats of the educational hierarchy think they can avoid the inevitable consequences of unsuitable measures by boycotting and silencing the independent economists. But truth persists and works, even if nobody is left to utter it.||The Historical Setting of the Austrian School|| p. 45||Truth