"The market economy involves peaceful cooperation. It bursts asunder when the citizens turn into warriors and, instead of exchanging commodities and services, fight one another." — Ludwig von Mises, Human Action.
https://mises.org/online-book/human-action/chapter-xxxiv-economics-war/1-total-war
#mises #economics #war #history #politics #statism #humanaction #capitalism #marketeconomy

"But there can be no doubt that protectionism aims at damaging the interests of foreign peoples and really does damage them. It is an illusion to assume that those injured will tolerate other nations’ protectionism if they believe that they are strong enough to brush it away by the use of arms. The philosophy of protectionism is a philosophy of war."
https://mises.org/online-book/human-action/chapter-xxiv-harmony-and-conflict-interests/5-conflicts-our-age
#protectionism #tariffs #economics #politics #mises #humanaction

@sachra_elmarid No one can verify anything in the realm of human action by conducting experiments except the basic axiom of action, which is: man chooses. Praxeology and economics are not sciences like physics or chemistry. You have to have a theory first, and then you have to try to understand history and plan for the future. #praxeology #physics #chemistry #humanaction #verification #falsification #socialscience

@sachra_elmarid I do not read "textbooks" with "trickle-down economics propaganda". I read/listen to books by Mises and Rothbard. Maybe you should do the same. https://mises.org/library/book/human-action #humanaction #capitalism #propaganda

Wanjiru Njoya: "In Human Action, Ludwig von Mises highlights the importance of human cooperation as a prerequisite for the division of labor and free exchange. Without this, humanity remains mired in poverty: "The “state of nature” that the reformers and utopians depicted as paradisiac was in fact a state of extreme poverty and distress. “Poverty,” says Bentham, “is not the work of the laws, it is the primitive condition of the human...""" https://mises.org/mises-wire/free-markets-promote-peaceful-cooperation-and-racial-harmony #mises #capitalism #humanaction

RT ¯\_(ツ)_/¯#Bitcoin is the life raft.#LudwigvonMises #HumanAction #Economics #Inflation #DebttoGDP @mises @LPMisesCaucus
from: https://twitter.com/jformyname/status/1529224600000798720

@Fkrauss Yes, when studying the foundations of Bitcoin economics and philosophy I also read #TheSovereignIndividual, #HumanAction, #TheEthicsOfMoneyProduction etc.