Innovation is the whim of an elite before it becomes a need of the public.
More Quotes from Ludwig von Mises:
Men are fighting... because they are convinced that the extermination of adversaries is the only means of promoting their own well-being.Ludwig von Mises
Human civilization is not something achieved against nature; it is rather the outcome of the working of the innate qualities of man.
Ludwig von Mises
Wars of aggression are popular nowadays with those nations convinced that only victory and conquest could improve their material well-being.
Ludwig von Mises
If history could teach us anything, it would be that private property is inextricably linked with civilization.
Ludwig von Mises
Whoever wants peace among nations must seek to limit the state and its influence most strictly.
Ludwig von Mises
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