Ludwig von Mises Quotes

You know, in a business, you have to operate on the basis of voluntary investment by individuals in a cause. With government, there is no voluntary effort to invest capital. It's just taken and invested. And the same accountability is not at play. The same natural forces in the economy are not at play.

Macau is limited in size and land is expensive, so gaming and leisure development must be more efficient. We follow a very conservative financial strategy.

There isn't one thing the federal government does that anybody in Big Business would emulate, at least not in the profit sector.

Privatization of assets that most of us consider public goods - like airports and highways - has a long, often-uncontroversial history.

Sometimes I worry about the amount of paper I waste.

When we realize we can make a buck cleaning up the environment, it will be done!

Free enterprise is the only way for substantial growth.

There has been no country with a democratic political sphere, past or present, whose economy has not been dominated by private ownership and market coordination.

Pollution is nothing but resources we're not harvesting. We allow them to disperse because we've been ignorant of their value.

A government enterprise can never be “commercialized” no matter how many external features of private enterprise are superimposed on it.

If it doesn’t make economic sense, it doesn’t happen

Like most Montanans, I get pretty upset when I hear about waste.

Because the private sector has evolved processes and metrics for growth over many generations, for-profit models are more likely to efficiently accomplish their goals.

Only capitalists get photographers.

Capitalism or market economy is that system of social cooperation and division of labor that is based on private ownership of the means of production.

Capitals are increased by parsimony, and diminished by prodigalityand misconduct. By what a frugal man annually saves he not onlyaffords maintenance to an additional number of productive hands?but?he establishes as it were a perpetual fund for the maintenance of an equal number in all times to come.

Time waste differs from material waste in that there can be no salvage.

Privatization of the postal system has long been characterized as absurd, but I have always said it is only logical.

Nobody spends somebody else's money as carefully as he spends his own. Nobody uses somebody else's resources as carefully as he uses his own. So if you want efficiency and effectiveness, if you want knowledge to be properly utilized, you have to do it through the means of private property.

I'm not a Communist. I'm an American. I'm a capitalist. I mean, I'm not a very good capitalist, myself. I'm not very good at it, but it's not that I'm not for capitalism. But people who believe in things like corporate citizenship, it's idiotic. I mean, it shows you're an idiot.

The market economy-capitalism-is a social system of consumers' supremacy.

The cheapness of man is every day's tragedy.

Capitalism is being attacked not because it is inefficient or misgoverned but because it is cynical. And indeed a society based on the assertion that private vices become public benefits cannot endure, no matter how impeccable its logic, no matter how great its benefits.

Waste cannot be accurately told, though we are sensible how destructive it is. Economy, on the one hand, by which a certain income is made to maintain a man genteelly; and waste, on the other, by which on the same income another man lives shabbily, cannot be defined. It is a very nice thing; as one man wears his coat out much sooner than another, we cannot tell how.

Waste of resources is a mortal sin at IKEA.