Ludwig von Mises: "This, then, is freedom in the external life of manthat he is independent of the arbitrary power of his fellows. Such freedom is no natural right. It did not exist under primitive conditions. It arose in the process of social development and its final completion is the work of mature Capitalism." - Socialism
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Browse by subject: Monetary Policy
|Ludwig von Mises||All monetary policies encounter the difficulty that the effects of any measures taken . . . can neither be foreseen in advance, nor their nature and magnitude be determined even after they have already occurred.||The Theory of Money and Credit|| p. 271||Monetary Policy
|Ludwig von Mises||The interests of the capitalists are scarcely ever represented in monetary policy.||The Theory of Money and Credit|| p. 414||Monetary Policy
|Ludwig von Mises||All present-day governments are fanatically committed to an easy money policy.||Human Action||p. 570; p. 572||Monetary Policy