Sunday, February 27, 2011

Something Austrians, Socialists, and I Can Apparently Agree On

"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.
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4 comments:

  1. MattheusFebruary 28, 2011 at 1:32 AM

    Since when do you bother with Mises?

    ReplyDelete
  2. Prateek SanjayFebruary 28, 2011 at 3:40 AM

    As I understand, Daniel has copies of Human Action and other books of von Mises with him.

    ReplyDelete
  3. DanielFebruary 28, 2011 at 6:01 AM

    I 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.

    ReplyDelete
  4. MattheusMarch 1, 2011 at 12:40 AM

    I 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

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