“It is important to remember that government interference always means either violent action or the threat of such action. The funds that a government spends for whatever purposes are levied by taxation. And taxes are paid because the taxpayers are afraid of offering resistance to the tax gatherers. They know that any disobedience or resistance is hopeless. As long as this is the state of affairs, the government is able to collect the money that it wants to spend.”
This comprehensive treatise delves into the theoretical foundations of economics, examining the actions and interactions of individuals and societies. It offers a detailed analysis of economic phenomena, emphasizing the role of individual human action in shaping economic outcomes. more
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
“If you think you understand what I am saying you do not understand what I am saying.”
“Computers show up everywhere except the growth statistics.”