All Almsgiving Inevitably Tends To Pauperize The

Continued Inflation Inevitably Leads To Catastrophe.

The System That Would Stand Midway Between Capitalism And Socialism.

Western Civilization Is Based Upon The Libertarian Principle, And All Its Achievements Are The Results Of The Action Of Free Men.

Library Of The Works Of Ludwig Von Mises”. 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 “economic 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.

It Is Evident That Youth Is The First Victim Of The Trend Toward Bureaucratization. The Young Men Are Deprived Of Any Opportunity To Shape Their Own Fate.