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Income can never be equal. Income must be considered, of course, in real and not in money terms; otherwise there would be no true equality.
Bureaucracy and Regulation
Mises states, quite rightly, that anyone who advocates governmental dictation over one area of individual consumption must logically come to advocate complete dictation over all choices.
It was Ludwig von Mises who revealed the intimate connections between Austrian economics and authentic liberalism.
A return to such conditions could mean only the eradication of the bulk of today's population and complete impoverishment for those remaining.
Conscription of witnesses is no more justified than conscription into the armed forces or into any other service or occupation.
World HistoryHistory of the Austrian School of Economics
As a government economist for Austria following WWI, Mises fought a losing battle against reckless policies of inflation and government spending.
Big GovernmentAustrian Economics Overview
Our country is beset by a large number of economic myths that lead us to accept unsound and dangerous government policies.
"Virtue signaling" is not a new thing. In fact, society benefits from organizations that help communicate the virtues of its members. This facilitates trust in society, which then enhances commerce and trade.