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Quote by Ludwig von Mises on Means of Production and Society

„Society is best served when the means of production are in the possession of those who know how to use them best.“

Ludwig von MisesQuote by Ludwig von Mises on ownership of means of production and their optimal use for the good of society.
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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.

This quote emphasizes the importance of ownership of the means of production and their efficient use for the good of society.


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Ludwig von Mises quote about the means of production and society

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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