Ocupation: Philosopher
Life: September 29, 1881 - October 10, 1973
Birthday: September 29
Death: October 10
Experience shows that nothing is operated with less economy and with more waste of labor and material of every kind than public services and undertakings. Private enterprise on the other hand naturally induces the owner to work with the greatest economy in his own interest.
source: Ludwig von Mises (2016). “Socialism - An Economic and Sociological Analysis: The Economist”, p.157, VM eBooks
topic: Hands, Waste, Kind, Private Enterprise