Laissez-faire Quote by Ludwig von Mises on Economic Freedom

„Laissez faire does not mean: let soulless mechanical forces operate. It means: let individuals choose how they want to cooperate in the social division of labor and let them determine what the entrepreneurs should produce.“

Ludwig von MisesLudwig von Mises explains laissez-faire as individual freedom in labor division and entrepreneurial production decisions.
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Ludwig von Mises was an Austrian economist, social philosopher, and one of the leading figures of the Austrian School of economics.

Quote by Ludwig von Mises about the meaning of laissez-faire in economics and individual freedom in the division of labor.


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Laissez-faire quote image featuring Ludwig von Mises

Ludwig von Mises (1881–1973) was a prominent Austrian economist and social philosopher, known for his contributions to the Austrian School of economics. He significantly influenced libertarian and free-market economic theory and was a critic of socialism and interventionism.

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