Meet My Benefactor
I happened to sit down next to a man last week who has been my benefactor for my entire life and the large part of his, and yet we had never met.
I happened to sit down next to a man last week who has been my benefactor for my entire life and the large part of his, and yet we had never met.
A defector from the Soviet Union, Yuri Maltsev knows that socialism is not better than communism.Intellectuals love socialism because they imagine themselves holding power. Communism, a utopia created by Marx, was intended to be classless with no money.
A job seeker may not have the skill set that is worth $7/hour minimum wage. The minimum wage law keeps that individual from being employed.
Often the dispersion of a fortune starts already in the lifetime of the businessman when his buoyancy, energy, and resourcefulness become weakened,
Recorded at the Mises Circle in Chicago, 9 April 2011.
According to Mises, socialism would be bound to fail not because of morality but because of insuperable intellectual difficulties, writes Eugen-Mar