Ludwig von Mises: Economic Aims
on Tuesday, April 20, 2021Ludwig von Mises Money Quote saying peace is a requirement for the achievement of economic goals. Ludwig von Mises said:
“The attainment of the economic aims of man presupposes peace” — Ludwig von Mises
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In this quote, Ludwig von Mises is arguing that peace is a necessary precondition for achieving economic goals and prosperity. His interpretation is that war disrupts and undermines the free market system that allows for the efficient allocation of resources and maximization of productivity.
According to Mises’ view, peace is what allows economic activity like trade, commerce, investment and entrepreneurship to thrive.
So his position is that lasting economic progress for a society and fulfillment of its citizens’ material well-being depends fundamentally on the absence of armed conflict and a stable environment of peace, not the disruption and destruction brought by war.
Birthday: September 29, 1881 – Death: October 10, 1973