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: "We must comprehend that it is impossible to improve the economic conditions of the underdeveloped nations by grants in aid. If we send them foodstuffs to fight famines, we merely relieve their governments from the necessity of abandoning their disastrous agricultural policies." - Money, Method, and the Market Process