The Liberty Archive Free Capitalists

Chapter 164 of 234 · The Quotable Mises by Ludwig von Mises

Productivity

159 words · All 234 chapters

The increase in what is called the productivity of labor is due to the employment of better tools and machines.

The Anti-Capitalistic Mentality, p. 38

Tools and machinery are primarily not labor-saving devices, but means to increase output per unit of input.

Human Action, p. 768; p. 774

It is an illusion to believe that one can maintain productivity and reduce the division of labor.

Socialism, p. 271

In reviewing the whole history of mankind from the early beginnings of civilization up to our age, it makes sense to establish in general terms the fact that the productivity of human labor has been multiplied, for indeed the members of a civilized nation produce today much more than their ancestors did.

Human Action, No Entry; pp. 607–08

The productivity of social cooperation surpasses in every respect the sum total of the production of isolated individuals.

Epistemological Problems of Economics, p. 43

The concept of productivity is altogether subjective; it can never provide the starting-point for an objective criticism.

Liberalism, p. 65

The Quotable Mises

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