Quote by Ludwig von Mises on Standard of Living and Entrepreneurship

„The standard of living of the common man is higher in those countries which have the greatest number of wealthy entrepreneurs.“

Ludwig von MisesLudwig von Mises describes how wealth and number of entrepreneurs influence the standard of living.
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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.

A quote by Ludwig von Mises about the correlation between wealth and entrepreneurship.


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Ludwig von Mises quote about standard of living and wealthy entrepreneurs

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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