Nov 8, 2026

Ludwig von Mises on the wisdom of the majority

Majorities are no less exposed to error and frustration than kings and dictators.  That a fact is deemed true by the majority does not prove its truth.  That a policy is deemed expedient by the majority does not prove its expediency.  The individuals who form the majority are not gods, and their joint conclusions are not necessarily godlike.

~ Ludwig von Mises, Omnipotent Government

1944

 

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