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The interventionists do not approach the study of economic matters with scientific disinterestedness. Most of them are driven by an envious resentment against those whose incomes are larger than their own. This bias makes it impossible for them to see things as they really are. For them the main thing is not to improve the conditions of the masses, but to harm the entrepreneurs and capitalists even if this policy victimizes the immense majority of the people.
Ludwig von Mises
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What the insurance companies have done is to reverse the business so that the public at large insures the insurance companies.
Gerry Spence
Ludwig von Mises
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Born:
September 29, 1881
Died:
October 10, 1973
(aged 92)
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