No very deep knowledge of economics is usually needed for grasping the immediate effects of a measure; but … - Ludwig von Mises

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I hate to use this as a metaphor, but making movies is kind of like going to war. It's not - but the stamina required and what it takes to tell a story that is this big in scope, you need a general that will bring out the best in you.

Ludwig von Mises

No very deep knowledge of economics is usually needed for grasping the immediate effects of a measure; but the task of economics is to foretell the remoter effects, and so to allow us to avoid such acts as attempt to remedy a present ill by sowing the seeds of a much greater ill for the future.

Liberty, Sowing, Tasks, Immediate, Usually, Allow

Same Author Quotes

The champions of socialism call themselves progressives, but they recommend a system which is characterized by rigid observance of routine and by a resistance to every kind of improvement. They call themselves liberals, but they are intent upon abolishing liberty. They call themselves democrats, but they yearn for dictatorship. They call themselves revolutionaries, but they want to make the government omnipotent. They promise the blessings of the Garden of Eden, but they plan to transform the world into a gigantic post office. Every man but one a subordinate clerk in a bureau.

Blessing, Garden, Men, Subordinate, System, Yearn

The worst evils which mankind has ever had to endure were inflicted by bad governments.

Endure, Evils, Government, Inflicted, Peace, War

The elimination of profit, whatever methods may be resorted to for its execution, must transform society into a senseless jumble. It would create poverty for all.

Execution, May, Methods, Poverty, Profit, Transform

He who serves the public best, makes the highest profits.

Highest, Profit, Profits, Public, Serves

The real bosses, in the capitalist system of market economy, are the consumers.

Boss, Capitalist, Consumers, Economy, Real