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What workers must learn is that the only reason why wage rates are higher in the United States is that the per head quota of capital invested is higher.

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
Higher
Head
Quota
United
Invested
Learn
Rates
States
Wage
Reason
Capital
Must
Workers
Rate

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The philosophy commonly called individualism is a philosophy of social cooperation and the progressive intensification of the social nexus.
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The usual terminology of political language is stupid. What is 'left' and what is 'right'? Why should Hitler be 'right' and Stalin, his temporary friend, be 'left'? Who is 'reactionary' and who is 'progressive'? Reaction against an unwise policy is not to be condemned. And progress towards chaos is not to be commended.
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