Thursday, October 26, 2006

A great quote out of context

Latest post from Jim Fedako

"It may sometimes be expedient for a man to heat the stove with his furniture. But if he does, he should know what the remoter effects will be. He should not delude himself by believing that he has discovered a wonderful new method of heating his premises." from Human Action, Ludwig von Mises

Benita Ferrero-Waldner, European Commissioner for External Relations and European Neighbourhood Policy, uses this quote from Mises in a speech delivered at the EU's All Party Parliamentary Group on Overseas Development Lunchtime Meeting Series in order to advocate for interventionism. Talk about taking a quote out of context!

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