Here I am,thinking I need to defend Ludwig or his followers.
In Geneva came another milestone in Mises's life: he married the beautiful Margit Sereny, who served as chairman of the Mises Institute until her death in 1993, after warning her that while he would write much about money, he would never have much of it. In 1940 they emigrated to the United States.
Once confronted with the extraordinary growth of the federal government in the United States, in 1944 he issued a warning against mixed economy statism in his powerful book Bureaucracy. Mises applied principles from his previous books to show that government regulatory agencies, lacking a test of profit and loss, grow larger and more intrusive even while they confer no social or economic benefit. It was the first systematic economic analysis of the subject, and later spawned a new field in economics.
At a time when every communist and social democratic exile from Europe was given a high academic post in the United States, Mises was refused a job. But with the help of Henry Hazlitt and Lawrence Fertig, Mises secured a visiting professorship at New York University's Graduate School of Business. His salary was paid by business people and foundations, and he was never to be a regular member of the faculty. The dean, John Sawhill, even lobbied good students not to take Mises's "right-wing, reactionary" classes. In later years, Sawhill helped mangle the market as head energy bureaucrat in Washington, D.C.
But Mises was neither bitter nor resentful. He simply carried on the fight for Austrian economics and freedom. When he retired in 1969, at 87, he was the oldest active professor in the United States. He could look back on a lifetime of teaching and writing -- 25 books and more than 250 scholarly articles -- and of achievements for liberty.
A communist he is not.
I'm sick of the corruption in corporations too,but I am more disgusted of our Government that enabled these companies to particapate in the ongoing puppet show.
by a CORRUPT GOVERNMENT
by a CORRUPT SENATE
by a CORRUPT HOUSE
We have no choice in this matter until near total collapse has occured and the rebuilding has begun.
let me restate-At a time when every communist and social democratic exile from Europe was given a high academic post in the United States, Mises was refused a job. That was some of the galvanization of the corrosion of this country ...
later on, Dennis |