A Quote by Ludwig von Mises

The unpopularity of economics is the result of its analysis of the effects of privileges. It is impossible to invalidate the economists demonstration that all privileges hurt the interests of the rest of the nation or at least a great part of it.
People who enjoy the privileges of success must use these privileges to benefit those who do not have them. These privileges constitute a deep hole they need to climb out of if they are to prevent its being the case that the world would have been better off if they had never been born.
One of the profound effects of economics in our day is that the people with the money and the power have embraced the guilt-free, external-less, everything-will-turn-out-okay-in-the-end philosophy of economics in order to justify their own evil works. And the economists, for the most part, have sucked up to that money.
It is important and right that all privileges of the law be ours, but it is vastly more important that we be prepared for the exercise of those privileges.
The ordaining of laws in favor of one part of the nation, to the prejudice and oppression of another, is certainly the most erroneous and mistaken policy. An equal dispensation of protection, rights, privileges, and advantages, is what every part is entitled to, and ought to enjoy.
I believe that white people need to check themselves, account for their privileges, and undergo whatever interaction with communities of color with that understanding. They have to add up all those processes and articulate those privileges to try to equalize the historical process.
Poetry privileges music and is aesthetically more challenging. Prose privileges information and is emotionally more challenging.
We are always going to put the best interests of kids above the rights, privileges and priorities of adults.
Economics is mostly how humans rationalize who gets what and why. It's how we instantiate our preferences about status, privileges, and power.
To unequal privileges among members of the same society the spirit of our nation is, with one accord, adverse.
The people of NSW should not continue to be held hostage to a lowest common denominator approach that privileges the parochial interests of small populations.
One of the great privileges of being a part of the Senate, it being the greatest deliberative body in the world, is out of the discussions of ideas, hopefully truth can ultimately be achieved.
The least grace is a better security for heaven than the greatest gifts or privileges whatsoever.
No one knows anything about economics. It's the great lie of the economists. By contrast in football people might have contrasting opinions, each of which has some validity. But the economists always speak in conditionals - what a mess.
It isn't like we don't work with you because you are white, or not want anything to do with you. It is more like you have to check your privileges, the whites have the responsibility to put themselves at attention with the form they operate in with people of color and try to always lay out that pattern to connect with people and say, "I am conscious of my privileges and I am accounting for myself."
One of the privileges of the great is to witness catastrophes from a terrace.
We are united in the hope that every individual will someday enjoy at least the intellectual privileges we have had, if not always the material advantages.
This site uses cookies to ensure you get the best experience. More info...
Got it!