Ludwig von Mises: "In the capitalist society there is a place and bread for all. Its ability to expand provides sustenance for every worker. Permanent unemployment is not a feature of free capitalism." - Socialism
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|Ludwig von Mises||In the United States the competition to the railroadsin the form of busses, automobiles, trucks, and airplaneshas caused the railroads to suffer and to be almost completely defeated, as far as passenger transportation is concerned.||Economic Policy|| p. 5||Railroads