Johnny Munkhammar skrev på denna blogg från 2004 till sin död 2012. Bloggen är upprätthållen som ett minne och som referens till Johnnys arbete av Johnny Munkhammars minnesfond.

This blog was operated by Johnny Munkhammar from 2004 until 2012 when he passed away. This blog is now in a memorialized state and operated by the Johnny Munkhammar fund.
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Tuesday 23/04/2024, 14:30:47

27/03/2006 3:09:00 pm
Classic Quote of the Day:

"Restriction of production means that the government either forbids or makes more difficult or more expensive the production, transportation or distribution of definite articles, or the application of definite modes of production, transportation or distribution. The authority thus eliminates some of the means available for the satisfaction of human wants. The effect of this interference is that people are prevented from using their knowledge and abilities, their labor and their material means of production in the way in which they would earn the highest returns and satisfy their needs as much as possible. Such interference makes people poorer and less satisfied."

Ludwig von Mises, Human Action (1966). About the effects of the state interfering in the voluntary exchange between people. True then and now. Unfortunately still relevant to point out.

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