Ludwig von Mises Quotes:
Ocupation: Philosopher
Life: September 29, 1881 - October 10, 1973
Birthday: September 29
Death: October 10
The unprecedented success of Keynesianism is due to the fact that it provides an apparent justification for the 'deficit spending' policies of contemporary governments. It is the pseudo-philosophy of those who can think of nothing else than to dissipate the capital accumulated by previous generations.
source: Ludwig Von Mises (1974). “Planning for freedom, and twelve other essays and addresses”
topic: Philosophy, Thinking, Government, Keynesianism, Previous Generations, Deficit Spending
