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The recurrence of periods of depression and mass unemployment has discredited capitalism in the opinion of injudicious people. Yet these events are not the outcome of the operation of the free market. They are on the contrary the result of well-intentioned but ill-advised government interference with the market.

Ludwig von Mises

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Ludwig von Mises
Age: 92 †
Born: 1881
Born: September 29
Died: 1973
Died: October 10
Economist
Philosopher
University Teacher
Writer
Lemberg
Austria
Ludwig Heinrich Edler von Mises
Ludwig Heinrich Mises
People
Liberty
Economics
Interference
Results
Capitalism
Operation
Economic
Contrary
Outcome
Opinion
Market
Unemployment
Free
Result
Outcomes
Discredited
Government
Periods
Operations
Intentioned
Wells
Mass
Ill
Recurrence
Well
Events
Depression
Advised

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