Liberty and Property.pdf - The Ludwig von Mises Institute
Liberty and Property.pdf - The Ludwig von Mises Institute
Liberty and Property.pdf - The Ludwig von Mises Institute
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<strong>Liberty</strong> <strong>and</strong> <strong>Property</strong> 47tender. <strong>The</strong> self‐styled champions of thecommon man are still guided by the obsoleteidea that a policy that favors the debtorsat the expense of the creditors is very beneficialto the majority of the people. <strong>The</strong>irinability to comprehend the essential characteristicsof the market economy manifestsitself also in their failure to see the obviousfact that those whom they feign to aid arecreditors in their capacity as savers, policyholders, <strong>and</strong> owners of bonds.