Library of the Works of Ludwig von Misesโ. Here is an article he wrote in 1951, some two years after his magnum opus Human Action appeared, where is lays out his case in a more popular form. The money sentences are โEconomic theory has demonstrated in an irrefutable way that a prosperity created by an expansionist monetary and credit policy is illusory and must end in a slump, an economic crisis. It has happened again and again in the past, and it will happen in the future, too.
Ludwig von MisesHow pale is the art of sorcerers, witches, and conjurors when compared with that of the government's Treasury Department!
Ludwig von MisesWhat makes small business develop into big business is not spending, but saving and capital accumulation.
Ludwig von Mises