The government desires to purchase; it desires to use the market, not to disorganize it. But the officially-fixed price does disorganize the market in which commodities and services are bought and sold for money. Commerce, so far as it is able, seeks relief in other ways. It re-develops a system of direct exchange, in which commodities and services are exchanged without the instrumentality of money. Those who are forced to dispose of commodities and services at the fixed prices do not dispose of them to everybody, but merely to those to whom they wish to do a favour. Would-be purchasers wait in long queues in order to snap up what they can get before it is too late; they race breathlessly from shop to shop, hoping to find one that is not yet sold out.

The government desires to purchase; it desires to use the market, not to disorganize it. But the officially-fixed price does disorganize the market in which commodities and services are bought and sold for money. Commerce, so far as it is able, seeks relief in other ways. It re-develops a system of direct exchange, in which commodities and services are exchanged without the instrumentality of money. Those who are forced to dispose of commodities and services at the fixed prices do not dispose of them to everybody, but merely to those to whom they wish to do a favour. Would-be purchasers wait in long queues in order to snap up what they can get before it is too late; they race breathlessly from shop to shop, hoping to find one that is not yet sold out.

Ludwig von Mises
Save QuoteView Quote
Similar Quotes by ludwig-von-mises

The market system is the basis of our civilization. Its only alternative is the Führer principle.

Ludwig von Mises
Save QuoteView Quote

The elimination of profit, whatever methods may be resorted to for its execution, must transform society into a senseless jumble.

Ludwig von Mises, Planning for Freedom, and Sixteen Other Essays and Addresses: Ludwig Von Mises. Also, the Essential Von Mises
Save QuoteView Quote

Society has arisen out of the works of peace the essence of society is peacemaking.

Ludwig von Mises
Save QuoteView Quote

Modern society, based as it is on the division of labor, can be preserved only under conditions of lasting peace.

Ludwig von Mises
Save QuoteView Quote

The attainment of the economic aims of man presupposes peace.

Ludwig von Mises
Save QuoteView Quote

Whoever wishes peace among peoples must fight statism.

Ludwig von Mises
Save QuoteView Quote

Peace and not war is the father of all things.

Ludwig von Mises
Save QuoteView Quote

The worst evils which mankind has ever had to endure were inflicted by bad governments.

Ludwig von Mises
Save QuoteView Quote

Economically considered, war and revolution are always bad business.

Ludwig von Mises
Save QuoteView Quote

Whoever wants peace among nations must seek to limit the state and its influence most strictly.

Ludwig von Mises
Save QuoteView Quote
Related Topics to ludwig-von-mises Quotes