Ludwig von Mises Quotes
The consumers are asking for, they lose their office. Their task is service to the consumer. Profit and loss are the instruments by means of which the consumers keep a tight rein on all business activities.
Topics
Consumer Demand
Customer Service
Loss
Mean
Office
Free Market
Business Profitability
Consumer Power
Consumer Satisfaction
Customer Needs
Customer Retention
Customer-Centric Approach
Economic Balance
Economic Control
Market Control
Market Discipline
Profit Loss, Profit & Loss
Service Industry
Business Regulation
Citations
Mises, Ludwig von. Bureaucracy. Yale University Press, 1944.
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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.