Exosphere

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giovedì 30 giugno 2011

Capire l´economia

The spurious catchwords and fallacious doctrines of the
advocates of government control, socialism, communism,
planning, and totalitarianism cannot be unmasked except
by economic reasoning. 

Whether one likes it or not, it is a  fact that the main issues of present-day politics are purely economic and cannot be understood without a grasp of economic theory. 

Only a man conversant with the main problems of economics is in a position to form an independent opinion on the problems involved. 

All the others are merely repeating what they have picked up by the way. 

They are an easy prey to demagogic swindlers and idiotic quacks.


Their gullibility is the most serious menace to the preservation of democracy and to Western Civilization
 Ludvig Von Mises, "Burocracy" pag 111

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