Quote by Ludwig von Mises on Entrepreneurship and Demand

Ludwig von Mises was an Austrian economist, social philosopher, and one of the leading figures of the Austrian School of economics.

This quote emphasizes the key role of foresight in entrepreneurial success according to Ludwig von Mises.

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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.

Ludwig von Mises quote about entrepreneurs serving consumers better

18. September 2017

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"The entrepreneur profits to the extent he has succeeded in serving the consumers better than other people have done." Ludwig von Mises

Ludwig von Mises quote image about entrepreneurship, wealth, and consumer prosperity

18. September 2022

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"The riches of successful entrepreneurs is not the cause of anybody's poverty; it is the consequence of the fact that the consumers are better supplied than they would have been in the absence of the entrepreneur's efforts." Ludwig von Mises