May 01, 2008
Mises profile

Investor’s Business Daily offers a nice profile of the remarkable economist Ludwig von Mises in their “Leaders and Success” series. Previous honorees in the series include Evel Knievel. One risked his life ... and the other rode motorcycles off ramps.

HT: Steve Hanke

Posted by Lawrence H. White at 11:10 AM in Economics

The statesman who should attempt to direct private people in what manner they ought to employ their capitals would not only load himself with a most unnecessary attention, but assume an authority which could safely be trusted, not only to no single person, but to no council or senate whatever, and which would nowhere be so dangerous as in the hands of a man who had folly and presumption enough to fancy himself fit to exercise it. -Adam Smith

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