Quote from Ludwig von Mises 

"The direction of all economic affairs is in the market society a task of the entrepreneurs. Theirs is the control of production. They are at the helm and steer the ship. A superficial observer would believe that they are supreme. But they are not. They are bound to obey unconditionally the captain's orders. The captain is the consumer. ...[Consumers] make poor people rich and rich people poor. They determine precisely what should be produced, in what quality, and in what quantities."

Quote by:
Ludwig von Mises
(1881-1973) Economist and social philosopher
 
Bookmark and Share  

 
Get a Quote-A-Day!
Liberty Quotes sent to your mail box.
Email:
 

More Quotations

Quotes & Quotations - Send This Quote to a Friend

© 1998-2005 Liberty-Tree.ca