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Economic Policy: Thoughts for Today and Tomorrow (1979)

Ludwig von Mises

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A higher standard of living also brings about a higher standard of culture and civilization.Economic Policyp. 89Culture
A higher standard of living also brings about a higher standard of culture and civilization.Economic Policyp. 89Prosperity
Again and again, the early historians of capitalism have — one can hardly use a milder word — falsified history.Economic Policyp. 7History
All the talk about the so-called unspeakable horror of early capitalism can be refuted by a single statistic: precisely in these years in which British capitalism developed, precisely in the age called the Industrial Revolution in England, in the years from 1760 to 1830, precisely in those years the population of England doubled.Economic Policyp. 7Capitalism
Big business depends entirely on the patronage of those who buy its products: the biggest enterprises loses its power and its influence when it loses its customers.Economic Policyp. 4Big Business
But the certain fact about inflation is that, sooner or later, it must come to an end. It is a policy that cannot last.Economic Policyp. 63Inflation
Capitalists have the tendency to move towards those countries in which there is plenty of labor available and at which labor is reasonable. And by the fact that they bring capital into these countries, they bring about a trend toward higher wage rates.Economic Policyp. 89Foreign Capital
Capitalists have the tendency to move towards those countries in which there is plenty of labor available and in which labor is reasonable. And by the fact that they bring capital into these countries, they bring about a trend toward higher wage rates.Economic Policyp. 89Development
Every country can experience the same miracle of economic recovery, although I must insist that economic recovery does not come from a miracle; it comes from the adoption of — and is the result of — sound economic policies.Economic Policyp. 15Recovery
Freedom in society means that a man depends as much upon other people as other people depend on him.Economic Policyp. 19Freedom
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