Wednesday, January 6, 2021

Quote by Ludwig von Mises

"Majorities are no less exposed to error and frustration than kings and dictators. That a fact is deemed true by the majority does not prove its truth. That a policy is deemed expedient by the majority does not prove its expediency. The individuals who form the majority are not gods, and their joint conclusionsare not necessarily godlike."

Ludwig von Mises (economist, 1881-1973)

Note:
Populism in 21st century America thus popular "truths" have produced the 3 worst presidential administrations and resulting atrocities. The 4th presidential administration will merely reaffirm... Quote taken from his 1944 book Omnipotent Government. See link for free e-book provided by the Mises Institute.

https://mises.org/library/omnipotent-government-rise-total-state-and-total-war

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