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Quote by Ludwig von Mises

Work

Bureaucracy

This book delves into the complexities of bureaucracy, examining its origins, functions, and effects on various aspects of life, including government, business, and everyday interactions. more

Author

Ludwig von Mises
Ludwig von Mises

Ludwig von Mises was a prominent economist, philosopher, and social theorist born on September 29, 1881, in Austria, and passed away on October 10, 1973. He is considered one of the most influential economists of the 20th century and a leading advocate for free-market economics. more

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Book:Socialism - An Economic and Sociological Analysis: The Economist
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“Library of the Works of Ludwig von Mises”. Here is an article he wrote in 1951, some two years after his magnum opus Human Action appeared, where is lays out his case in a more popular form. The money sentences are “Economic theory has demonstrated in an irrefutable way that a prosperity created by an expansionist monetary and credit policy is illusory and must end in a slump, an economic crisis. It has happened again and again in the past, and it will happen in the future, too.”

WayYearsHumansTwoEndsHappensActionPastFormCasesHappenedEconomicPolicyTheoryCrisisLaysLibraryProsperityCreditSentencesTwo YearsArticlesAgain And AgainMonetaryIllusoryHuman ActionsEconomic CrisisEconomic TheorySlumpsVon Mises
Author:Ludwig von Mises
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