Wednesday, September 16, 2020

Economists' Almanac

 Mises on the blessings of the production structure in the market division of labor:

To drink coffee I do not need to own a coffee plantation in Brazil, an ocean steamer, and a coffee roasting plant, though all these means of production must be used to bring a cup of coffee to my table. Sufficient that others own these means of production and employ them for me.
From Socialism: An Economic and Sociological Analysis, (Indianapolis, IN: LibertyClassics),  p. 31.

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