Ludwig von MisesLudwig von Mises, (1881-1973) Economist and social philosopher

Ludwig von Mises Quote

“True, a socialistic society could see that 1000 litres of wine were better than 800 litres. It could decide whether or not 1000 litres of wine were to be preferred to 500 litres of oil. Such a decision would involve no calculation. The will of some man would decide. But the real business of economic administration, the adaptation of means to ends only begins when such a decision is taken. And only economic calculation makes this adaptation possible. Without such assistance, in the bewildering chaos of alternative materials and processes the human mind would be at a complete loss. Whenever we had to decide between different processes or different centres of production, we would be entirely at sea.”

Ludwig von MisesLudwig von Mises
~ Ludwig von Mises

Socialism: An Economic and Sociological Analysis

Ratings and Comments

E Archer, NYC

A socially engineered society (i.e. socialism) employs a great number of analysts that develop mathematical models to predict human behavior.  In order to promote or deter certain behaviors, these models are tweaked to show extreme possibilities of end-of-world scenarios.  Time and time again these reports are used as a basis for authoritarian measures to assume power and funnel rivers of energy/wealth to themselves while taking power from the people.  Thus we see governments taking advantage of the pandemic situation and borrowing trillions to fund projects that have nothing to do with the pandemic.  The goal of the statist authoritarians is to get people to obey, by any means necessary.  Never let a crisis go to waste...


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