Ludwig von Mises Quotes (Author of Human Action)
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Ludwig von Mises Quotes (Author of Human Action)
“Every billionaire is a policy failure.” Maybe. Or maybe not. But it’s not relevant here. The urgent issue you face is your own economic security, not the virtues of anyone else’s.
As Marx observed, power belongs to those who control the means of production.
Scholars have long noticed Smith’s worries about the debilitating effects of the division of labor and anxieties attached to the insatiable desire “better one’s condition.”
Students who catch even a glimpse of the invisible hand learn something of great importance. Civilization is possible only because under some conditions the pursuit of self-interest promotes the public good.