The Most Important Author of the 20th Century
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Who is the most important author of the twentieth century? Why?
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Ludwig von Mises
IMHO he “nailed” socialism, and the big government, as the complete opposite of liberty and freedom. He kick started the Austrian School of Economics which is the opposite of Keynes’ socialism big government control. He brought the issues to the fore and challenged that Government is the problem. The enemy of freedom and liberty. And, that only in the marketplace is every need best satisfied. In one fell swoop, he pinpointed the reason why socialism can never succeed. The entrepreneur investing his own capital is infinitely responsive to the buyer’s demands. If he fails, he pays a severe price.
“A bureaucrat differs from a nonbureaucrat precisely because he is working in a field in which it is impossible to appraise the result of a man’s effort in terms of money.” – Bureaucracy








