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Quote by Ludwig von Mises

“The gold standard makes the money's purchasing power independent of the changing, ambitions and doctrines of political parties and pressure groups. This is not a defect of the gold standard; it is its main excellence.”

Quote by Ludwig von Mises

Book:Human Action
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Work

Human Action

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

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:Men and Measures of Half a Century; Sketches and Comments
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