05.07.2010 0

Quote of the Day

From the always wise, Ludwig von Mises, on Capitalism:

Capitalism is essentially a system of mass production for the satisfaction of the needs of the masses. It pours a horn of plenty upon the common man. It has raised the average standard of living to a height never dreamed of in earlier ages. It has made accessible to millions of people enjoyments which a few generations ago were only within the reach of a small elite.

Read more from Ludwig von Mises at The Quotable Mises.

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