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Socialism Is The Renunciation Of Rational Economy.
-Ludwig Von Mises
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Socialism Is The Renunciation Of Rational Economy.
Ludwig Von Mises
Socialism Is The Renunciation Of Rational Economy.
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Socialism
Economy
Rational
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No Very Deep Knowledge Of Economics Is Usually Needed For Grasping The Immediate Effects Of A Measure; But The Task Of Economics Is To Foretell The Remoter Effects, And So To Allow Us To Avoid Such Acts As Attempt To Remedy A Present Ill By Sowing The Seeds Of A Much Greater Ill For The Future.
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State Interference In Economic Life, Which Calls Itself Economic Policy, Has Done Nothing But Destroy Economic Life. Prohibitions And Regulations Have By Their General Obstructive Tendency Fostered The Growth Of The Spirit Of Wastefulness.
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The Superiority Of The Gold Standard Consists In The Fact That The Value Of Gold Develops Independent Of Political Actions.
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