Ludwig von Mises: War Business

Posted by admin on Friday, April 23, 2021

Ludwig von Mises Money Quote saying that economic considerations considered a poor business proposition. Ludwig von Mises said:
 
Economically considered, war and revolution are always bad business Quote
 

Economically considered, war and revolution are always bad business” — Ludwig von Mises

 

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In this quote, Ludwig von Mises is making the argument that from a purely economic perspective, war and revolution are never good for business or the overall economy. His interpretation is that the destruction of life, property and resources that occurs during armed conflicts like war or revolution undermines productivity and wealth creation.

By disrupting trade, commerce and the free market system through violence and chaos, wars and revolutions set back economic growth and activity according to Mises. His view is that while some individual industries may benefit from increased military spending or rebuilding needs, the net impact on the whole economy is always negative when assessed in business or financial terms alone.

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