There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as the result of voluntary abandonment of further credit expansion, or later as… — Ludwig von Mises Copy Share Image
“There are three alternatives to real leadership. One is drift, which is pretty much what this country has experienced for the past decade. Business as usual, though, would likely bring about the second alternative: crisis. It could come in many… — Richard N. Haass Copy Share Image
