Ludwig von Mises Quote

Quote from Ludwig von Mises,

"It is impossible to understand the history of economic thought if one does not pay attention to the fact that economics as such is a challenge to the conceit of those in power. An economist can never be a favorite of autocrats and demagogues. With them he is always the mischief-maker, and the more they are inwardly convinced that his objections are well-founded, the more they hate him."

By:	Ludwig von Mises (more quotes by Ludwig von Mises or books by/about Ludwig von Mises)
	(1881-1973) Economist and social philosopher
Source:	Human Action. A Treatise on Economics (1949), Third Revised Edition (San Francisco: Fox & Wilkes, 1963), p. 67
Categories:	Economics, Politics, Power
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