All Posts Tagged With: "necessity"
Luxuries into Necessities
Dr. Mises is Visiting Professor of Economics at New York University. What was once a luxury becomes in the course of time a necessity. There was in the past a considerable time lag between the emergence of something unheard of before and its becoming an article of everybody’s use. It sometimes took many centuries until [...]
1Aug1956 | Ludwig von Mises | 0 comments | Continued-
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