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There is no means of avoiding a final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as a result of a voluntary abandonment of further credit expansion or later as a final and total catastrophe of the currency system involved.
Ludwig von Mises
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Tag Archives: prohibitionists
Slippery slope spotted in the wild
Those who are pushing for the UK government to adopt plain packaging laws for cigarettes might want to bear in mind the view of one Emily Robinson, of fake charity Alcohol Concern: We’d like to see more action on labelling, but we … Continue reading
Posted in Uncategorized
Tagged fake charities, libertarianism, plain packaging, prohibitionists, slippery slope
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