As the economical downturn continues and the threat of cost
cutting is ever-present, the importance of knowledge
development in a recession is the most important asset to retain. some people argue,..
What do You think ?
Thursday, May 07, 2009
Wednesday, May 06, 2009
Ludwig Van Mieses
Ludwig Von Mieses, an Austria Economist published in 1912 his Book : „Die Theorie des Geldes“. Mieses predicted the “big crash” in 1924 and after being offered him a senior position at the Kreditanstalt Bank in Vienna, that he refused, he explained his wife the following:
“A great crash is coming, and I don’t want my name in any way connected with it.” “If you want a rich man,” he said, “don’t marry me. I am not interested in earning money. I am writing about money, but will never have much of my own.” 1)
Instead, he preferred to write and teach.
1) Mises, Margit von. 1984. My Years With Ludwig von Mises, 2nd ed. Cedar Falls, IA: Center for Futures Education. pp. 23-24.
“A great crash is coming, and I don’t want my name in any way connected with it.” “If you want a rich man,” he said, “don’t marry me. I am not interested in earning money. I am writing about money, but will never have much of my own.” 1)
Instead, he preferred to write and teach.
1) Mises, Margit von. 1984. My Years With Ludwig von Mises, 2nd ed. Cedar Falls, IA: Center for Futures Education. pp. 23-24.
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