Ludwig von Mises was ridiculed for his assertion that “middle of the road” leads to socialism in the end. As the federal government swallows increasing amounts of the economy, we see that Mises was right.
Eduard Bucher
Eduard Bucher is a graduate of the Mises Institute’s MA program in Austrian Economics. He is the CEO of Nerum Pharmaceuticals, a Swiss pharmaceutical ingredient start-up, and has been involved with several other entrepreneurial ventures, including private city projects. He lives in Spain with his wife and their newborn son.