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Mises knew: “Mass unemployment destroys the moral foundations of the social order. The young people…forced to remain idle, are the ferment out of which the most radical political movements are formed."
Money and BanksMoney and Banking
This timeless insight was already suggested by economist Ludwig von Mises in 1940.
Big GovernmentCronyism and CorporatismWorld History
How prevalent has political corruption been over recorded history—and how did it originate?
Bureaucracy and RegulationThe Entrepreneur
Taxes and Spending