Ludwig von Mises: "Only stilted pedants can conceive the idea that there are absolute norms to tell what is beautiful and what is not. They try to derive from the works of the past a code of rules with which, as they fancy, the writers and artists of the future should comply. But the genius does not cooperate with the pundit." - Theory and History
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|Ludwig von Mises||The money prices of today are linked with those of yesterday and before, and with those of tomorrow and after.||The Theory of Money and Credit|| p. 130||Purchasing Power
|Ludwig von Mises||An increase in the purchasing power of money is disadvantageous to the debtor and advantageous to the creditor; a decrease in its purchasing power has the contrary significance.||The Theory of Money and Credit|| p. 229||Purchasing Power