Ludwig von Mises: "If one wants to study the reasons for Europes backwardness, it would be necessary to examine the manifold laws and regulations that prevented in Europe the establishment of an equivalent of the American drug store and crippled the evolution of chain stores, department stores, super markets and kindred outfits." - Planning for Freedom
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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