“It is impossible to grasp the meaning of the idea of sound money if one does not realize that it was devised as an instrument for the protection of civil liberties against despotic inroads on the part of governments.”
Quote by Ludwig von Mises
Work
The Theory of Money and Credit
This book delves into the intricate relationship between money and credit, examining their roles in the functioning of an economy. It analyzes the theoretical underpinnings of monetary and credit systems, offering insights into their impact on economic stability and growth. more
Author
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
You May Also Like
Source: Human Action
Source: Human action: a treatise on economics
“Government means always coercion and compulsion and is by necessity the opposite of liberty.”
Source: Economic freedom and interventionism: an anthology of articles and essays
“Nobody is in a position to decree what should make a fellow man happier.”
Source: Human action: a treatise on economics