January 30, 2009
Mises Quotes of the Day

Here are two great quotes from Ludwig von Mises's Bureaucracy, originally written in 1944:

"The outstanding fact of intellectual history of the last hundred years is the struggle against economics." p. 89

"He who is unfit to serve his fellow citizens wants to rule them." p. 100

Posted by Art Carden at 02:32 PM in Politics

The statesman who should attempt to direct private people in what manner they ought to employ their capitals would not only load himself with a most unnecessary attention, but assume an authority which could safely be trusted, not only to no single person, but to no council or senate whatever, and which would nowhere be so dangerous as in the hands of a man who had folly and presumption enough to fancy himself fit to exercise it. -Adam Smith

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