Mises Daily
Author:
Bettina Bien Greaves
Online Publish Date:
will influence public opinion. And that must lead to inflationist government policies. “ Mises’s anticipation was borne out during World War I when England, how much they were willing to pay for it. Without market prices, there would be no competition and no profit-and-loss system. And without a profit-and-loss system, at a garden tea party in September 1932, at a meeting of the Society for Social Policy (Verein für Sozialpolitik), in Bad Kissingen, Germany, when he suddenly asked