Ludwig von Mises: "Interest is the difference in the valuation of present goods and future goods; it is the discount in the valuation of future goods as against that of present goods." - Planning for Freedom
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|Ludwig von Mises||The much abused shopkeepers have abolished slavery and serfdom, made woman the companion of man with equal rights, proclaimed equality before the law and freedom of thought and opinion, declared war on war, abolished torture, and mitigated the cruelty of punishment. What cultural force can boast of similar achievements?||Socialism|| p. 398||Bourgeoisie
|Ludwig von Mises||Through all the changes in the prevailing system of social stratification, moral philosophers continued to hold fast to the fundamental idea of Ciceros doctrine that making money is degrading.||Epistemological Problems of Economics|| p. 194||Bourgeoisie