Ludwig von Mises Quotes
No private enterprise will ever fall prey to bureaucratic methods of management if it is operated with the sole aim of making profit.
Citations
Mises, Ludwig von. Bureaucracy. Yale University Press, 1944, p. 64.
Related Quotes
The service institutions to which he was referring are government and non-profit service intuitions.
Ludwig Heinrich Edler von Mises was an Austrian School economist, historian, logician and sociologist. Mises wrote and lectured extensively on the societal contributions of classical liberalism. He is best known for his work on praxeology, a study of human choice and action.