Media Asset
Author:
Ludwig von Mises
Online Publish Date:
Ron Paul alludes to this speech in his book End the Fed (pp. 51-52) : Mises, at the time, was elderly but sharp. His subject was socialism, and his lecture explained why socialism always fails due to the absence of a free market pricing structure for capital goods... The lecture was held in a modest-sized classroom, but the place was overflowing.