18
Mises was Right
Filed Under (Economics And Politics) by rgreen on 18-02-2009
Last night I came across a quote from Ludwig Von Mises in his book Notes and Recollections:
My theories explain, but cannot slow the decline of a great civilization. I set out to be a reformer, but only became the historian of decline.
Look around the world today. The governments of the world are in deep debt and are inflating their way out of it by printing money. Liberty is being encroached upon. The size of government is swelling. Private property rights are being ignored. Protectionism is being enacted. Finances are collapsing. Homes are being foreclosed. This list only gets longer. We are still in a great decline.
I’m afraid that in the coming years historians, governments, and private citizens will look back in shame and dissapointment. What words will fall from their lips? “Mises was right.”
