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...this remedy is the power of the citizens they have to prevent the establishment of such an autocratic regime that arrogates to itself a higher wisdom than that of the average citizen. This is the fundamental difference between freedom and serfdom.

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
Differences
Prevent
Wisdom
Establishment
Freedom
Fundamental
Serfdom
Power
Fundamentals
Autocratic
Average
Regime
Citizens
Regimes
Difference
Remedy
Higher
Citizen

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As the science of economics...exploded the fallacies of every brand of utopianism, it was outlawed and stigmatized as unscientific.
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The issue is always the same: the government or the market. There is no third solution.
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The prevailing legal and moral views of a time are held not only by those whom they benefit but by those, too, who appear to suffer from them. Their domination is expressed in that fact- that the people from whom they claim sacrifice accept them.
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The first socialists were the intellectuals they, and not the masses, are the backbone of Socialism.
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