The art of economics consists in looking not merely at the immediate hut at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups—Henry Hazlitt
Thursday, May 22, 2014
Video: Ludwig von Mises on "Are Workers In Conflict with Employers?"
When asked to respond on the issue “Are the interests of the American wage earners in conflict with those of their employers, or are the two in agreement?"
Here is the reply of the great Austrian economist Ludwig von Mises (via Mises Blog)
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