frightening ideologies
individualism for the masses!
B.K. Marcus is an amateur political economist with no formal education in the subject. He works from Charlottesville, Virginia, as an editorial consultant for the Ludwig von Mises Institute. He is no longer a house husband, nor a faculty spouse, but he is still a dilettante, and a layabout, at least in spirit.
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"It is no crime to be ignorant of economics, which is, after all, a specialized discipline and one that most people consider to be a 'dismal science.' But it is totally irresponsible to have a loud and vociferous opinion on economic subjects while remaining in this state of ignorance."
| Ludwig von Mises: "Without the aid of monetary calculation, bookkeeping, and the computation of profit and loss in terms of money, technology would have had to confine itself to the simplest, and therefore the least productive, methods." - Epistemological Problems of Economics |
Every war in American history has been the occasion for a Great Leap Forward in the power of the State, a leap which, at best, could only be partly rolled back after the war.
Murray N. Rothbard, |
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2 Comments:
Hey! Don't forget to post a link so people can find the source of this ?wisdom?.
Quite right, Thane Eichenauer. Thanks for catching that.
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