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format_quote Quotes
"In a broad or general sense, entrepreneurship actually coincides with human action."
menu_book Socialism, Economic Calculation and Entrepreneurship
View Full Quote"The direction of all economic affairs is in the market society a task of the entrepreneurs. Theirs is the control of production. They are at the helm and steer the ship. A superficial observer would believe that they are supreme. But they are not. They are bound to obey unconditionally the captain's orders. The captain is the consumer."
menu_book Human Action: A Treatise on Economics
View Full Quote"What distinguishes the successful entrepreneur and promoter from other people is precisely the fact that he does not let himself be guided by what was and is, but arranges his affairs on the ground of his opinion about the future. He sees the past and the present as other people do; but he judges the future in a different way."
menu_book Human Action: A Treatise on Economics
View Full Quote"In short, there can be no monopoly or monopoly price on the free market."
menu_book Man, Economy, and State
View Full Quoteauto_stories Books
An Essay on the Nature of Trade in General
Pioneering work in economic theory written around 1730, covering entrepreneurship, market pricing, monetary economics, and the circular flow, consi...
Read MoreHuman Action: A Treatise on Economics
Ludwig von Mises' magnum opus and the most comprehensive systematic treatment of economics from the Austrian School perspective. Mises develops pra...
Read MoreMan, Economy, and State
Rothbard's comprehensive treatise on Austrian economics, building on Mises's praxeology to systematically reconstruct economic theory from first pr...
Read MoreSocialism, Economic Calculation and Entrepreneurship
Extends the Misesian impossibility of socialist calculation into a full theory of entrepreneurship, showing that socialism systematically destroys ...
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