Nobody Can Be At The Same Time

It Is The Worst Of All Superstitions To Assume That The Epistemological Characteristics Of One Branch Of Knowledge Must Necessarily Be Applicable To Any Other Branch.

Library Of The Works Of Ludwig Von Mises”. Here Is An Article He Wrote In 1951, Some Two Years After His Magnum Opus Human Action Appeared, Where Is Lays Out His Case In A More Popular Form. The Money Sentences Are “economic Theory Has Demonstrated In An Irrefutable Way That A Prosperity Created By An Expansionist Monetary And Credit Policy Is Illusory And Must End In A Slump, An Economic Crisis. It Has Happened Again And Again In The Past, And It Will Happen In The Future, Too.

The Genuine History Of Mankind Is The History Of Ideas. It Is Ideas That Distinguish Man From All Other Beings. Ideas Engender Social Institutions, Political Changes, Technologi- Cal Methods Of Production, And All That Is Called Economic Conditions.

He Who Is Unfit To Serve His Fellow Citizens Wants To Rule Them.

Democracy Is Not A Good That People Can Enjoy Without Trouble. It Is, On The Contrary, A Treasure That Must Be Daily Defended And Conquered Anew By Strenuous Effort.