Mises Daily
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Mises Institute
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for disregarding the teachings of economics in the determination of economic policies. The socialists, racists, nationalists, and etatists failed in their businessmen from getting rich and to protect the less efficient against the competition of the more efficient; that to restrict the freedom of entrepreneurs by that the improvement of the methods of production was contemporaneous with the policy of laissez faire only by accident. Deluded by Marxian myths, they consider