Ludwig von Mises Quotes


Servile labour disappeared because it could not stand the competition of free labour; its un-profitability sealed its doom in the market economy.


Citations

von Mises, Ludwig. Human Action: A Treatise on Economics. Yale University Press, 1949.

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Ludwig von Mises
Ludwig von Mises
  • Born: September 29, 1881
  • Died: October 10, 1973
  • Nationality: Austrian
  • Profession: Economist

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.