Monday, June 25, 2012

Mises: genuine liberalism

Nothing is more important today than to enlighten public opinion about the basic differences between genuine liberalism, which advocates the free market economy, and the various interventionist parties which are advocating government interference with prices, wages, the rate of interest, profits and investment, confiscatory taxation, tariffs and other protectionist measures, huge government spending, and finally, inflation.

--Ludwig von Mises. Economic Freedom in the Present-Day World

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