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
database of quotations from Mises was prepared for
The Quotable Mises edited by Mark Thornton, available from the
Mises Institute store
for $20. Send corrections to the editor.
Here is a source page on
the editions of the books referenced.
Put Mises quotes on your site.
Browse by subject: Infant Industries
|Ludwig von Mises||The infant industries argument advanced in favor of protective tariffs represents a hopeless attempt to justify such measures on a purely economic basis, without regard to political considerations.||Epistemological Problems of Economics|| p. 223||Infant Industries