Quote of the day

Those who advocate equality of income distribution overlook the most important point, namely, that the total available for distribution, the annual product of social labor, is not independent of the manner in which it is divided.

Ludwig von Mises, “Liberalism,” page 31

Advertisements

2 thoughts on “Quote of the day

  1. Ron_H. December 7, 2015 / 2:27 am

    An excellent point from a master of excellent points.

    BTW you previously asked what people were reading. I’m now reading Taking A Stand by Robert Higgs. Great stuff. (IMHO). I didn’t realize before what an enthusiastic anarchist he is.

    Like

    • The Dismal Reviewer December 7, 2015 / 3:26 am

      That’s on my list! I’ve never read anything by Higgs but I’ve heard positive reviews.

      Like

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s