War is harmful, not only to the conquered but to the conqueror. Society has arisen out of the works of peace; the essence of society is peacemaking. Peace and not war is the father of all things. Only economic action has created the wealth around us; labor, not the profession of arms, brings happiness. Peace builds; war destroys.Ludwig von Mises
Election Economic Misconceptions (11) Government Expenditure causes
Inflation
-
Politicians (mostly on the right) frequently claim that increased
government expenditure causes inflation. This is simply not true.
If the economy is ov...
1 week ago
No comments:
Post a Comment