Ludwig von Mises: "Despots and democratic majorities are drunk with power. They must reluctantly admit that they are subject to the laws of nature. But they reject the very notion of economic law . . . economic history is a long record of government policies that failed because they were designed with a bold disregard for the laws of economics." - Austrian Economics: An Anthology
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Browse by subject: Instinct
|Ludwig von Mises||Every doctrine denying to the single paltry individual any role in history must finally ascribe changes and improvements to the operation of instincts. As those upholding such doctrines see it, man is an animal that has the instinct to produce poems, cathedrals, and airplanes.||Theory and History|| pp. 194-95||Instinct