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Notable Quote

"What characterizes our time is the expansion of the sphere of government interference with business and with many other items of the citizenry's affairs."

— von Mises, Ludwig event 1944

From Bureaucracy

Context: From Chapter IV, "Bureaucratic Management of Private Enterprises," of Bureaucracy (1944); Mises argues that this expanding interference is what drives the substitution of bureaucratic management for profit management throughout the economy.

Topics

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