"It will be evident, even in the socialist society, that 1,000 hectolitres of wine are better than 800"
- Ludwig von Mises, Economic Calculation in the Socialist Commonwealth
True, it's only monotonic preferences. But that's still something. Plus it's wine.
Sunday, February 27, 2011
Subscribe to:
Post Comments (Atom)
Since when do you bother with Mises?
ReplyDeleteAs I understand, Daniel has copies of Human Action and other books of von Mises with him.
ReplyDeleteI actually can't claim to own a single book of Mises's - but thanks to the Ludwig von Mises Institute I don't have to.
ReplyDeleteI would think that one day you would just get tired of me referring Human Action to you day in and day out and just read the darned thing.
ReplyDelete