Mises Daily
Author:
Garet Garrett
Online Publish Date:
[This article is excerpted from American Affairs , Volume XII, Number 2 (April 1950).] NOW from the housetops may be heard voices of fear and warning, saying to the people, “Beware! You are marching toward Socialism. The declivity is there!” The people scoff or stop their ears, and the march continues. Then the voice of despair may be heard