Mises: Historicism
"The
ideas of historicism can be understood only if one takes into account
that they sought exclusively one end: to negate everything that
rationalist social philosophy and economics had established....To the
statement of the economists, that there is an inevitable scarcity of
nature-given factors upon which human well-being depends, they opposed
the fantastic assertion that there is abundance and plenty. What brings
about poverty and want, they say, is the inadequacy of social
institutions."
--Ludwig von Mises. Theory and History
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