Louis M. Spadaro (October 11, 1913 – May 3, 2008) was a friend and colleague of Ludwig von Mises, under whom he earned his PhD in economics. President of the Institute for Humane Studies and the founding dean of the Fordham University Graduate School of Business Administration, he taught economics at Fordham University since 1938. He was the author of the textbook Economics: An Introductory View (1969) and the editor of New Directions in Austrian Economics.
Ludwig von Mises: "The armament industry created militarism and imperialism, however, just as little as, say, the distilleries created alcoholism or publishing houses trashy literature. The supply of weapons did not call forth the demand, but rather the other way around." - Nation, State, and Economy