Mises Daily
Author:
Ludwig von Mises
Online Publish Date:
expansion. In order to deal adequately with this fundamental problem of economic policy they considered it necessary to construct a notion of real capital and to if only men had been more moral or more skillful in the choice of economic policies. All such lucubrations have one feature in common. They look upon capitalism entrepreneurs and capitalists nowadays favor measures restricting free trade and competition and resulting in monopoly, they say: Contemporary capitalism stands for