Ludwig von Mises: "Despots and democratic majorities are drunk with power. They must reluctantly admit that they are subject to the laws of nature. But they reject the very notion of economic law . . . economic history is a long record of government policies that failed because they were designed with a bold disregard for the laws of economics." - Austrian Economics: An Anthology
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|Ludwig von Mises||The worst method to fight communism is that of the Marshall Plan…. The American subsidies make it possible for their governments to conceal partially the disastrous effects of the various socialist measures they have adopted.||Planning for Freedom|| pp. 141-42||Foreign Aid
|Ludwig von Mises||We must comprehend that it is impossible to improve the economic conditions of the underdeveloped nations by grants in aid. If we send them foodstuffs to fight famines, we merely relieve their governments from the necessity of abandoning their disastrous agricultural policies.||Money, Method, and the Market Process|| p. 172||Foreign Aid
|Ludwig von Mises||The truth is that the United States is subsidizing all over the world the worst failure of history: socialism. But for these lavish subsidies the continuation of the socialist schemes would have become long since unfeasible.||Money, Method, and the Market Process|| p. 173||Foreign Aid