Ludwig von Mises: "In relation to the immense sacrifices that the state demands of the individual through the blood tax, it seems rather incidental whether it compensates the soldier more or less abundantly for the loss of time that he suffers from his military-service obligation." - Nation, State, and Economy
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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