Chapter 4 of 234 · The Quotable Mises by Ludwig von Mises
Advertising
It is a widespread fallacy that skillful advertising can talk the consumers into buying everything that the advertiser wants them to buy. The consumer is, according to this legend, simply defenseless against “high-pressure” advertising. If this were true, success or failure in business would depend on the mode of advertising only.
Human Action, p. 317; p. 321
The tricks and artifices of advertising are available to the seller of the better product no less than to the seller of the poorer product. But only the former enjoys the advantage derived from the better quality of his product.
Human Action, p. 318; p. 321
The Quotable Mises
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