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An essential point in the social philosophy of interventionism is the existence of an inexhaustible fund which can be squeezed forever. The whole system of interventionism collapses when the fountain is drained off: The Santa Clause principle liquidates itself.

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
System
Fountain
Interventionism
Existence
Collapse
Collapses
Forever
Fund
Clause
Point
Principle
Squeezed
Social
Essential
Clauses
Whole
Essentials
Inexhaustible
Principles
Drained
Philosophy
Santa

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Society is only possible on these terms, that the individual finds therein a strengthening of his own ego and his own will.
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Those who disagree with the dictator's plan have no other means to carry on than to defeat the despot by force of arms.
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The system that would stand midway between capitalism and socialism.
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