Rev. David Chilton on Ludwig von Mises
Pastor David Chilton on Ludwig von Mises:
“To the horror of my Econ 101 professor, I did my first book report on this classic work by Mises. It was all done in innocence: I had simply gone to the library and picked it off the shelf, not realizing who the author was or the enormous threat he posed to the eminent instructor. I soon learned. Less than halfway through the course, I told the professor, “What you’re teaching isn’t just wrong. It’s dumb. ” Needless to say, I made about as many points with the teacher as he did with me. But the course wasn’t a total loss. I learned a lot about economics on my spare time, and in class i studied the inside track of logical fallacy.”
Isn’t Mises hard to read?
“Incidentally, this is probably the right place to deal with one of the greatest superstitions of economics today – the false rumor that Mises is hard to read. If you have trouble with this book, follow a simple rule, and all will be well. Pay attention! After all, if you can read a newspaper–Oh! Sorry, I didn’t know. Well, anyway, this new edition [Theory of Money and Credit] is so beautiful that it’ll look nice on your coffee table, and your friends will be impressed; and it will put you one-up on most economics professors, who don’t even own a copy.”
What is the best Mises book to read?
Apart from Mises’ Human Action, The Theory of Money and Credit is the treatise on economics. Most of the errors of modern economists are merely logical conclusions from a false notion of the nature and function of money; and it is in the interests of lawless governments to keep us deceived on that point, so that we will blame inflation on everyone but the true culprits. The Theory of Money and Credit will open your eyes.
Rev. Chilton (1951–1997) was a gifted Reformed pastor and author of several books on economics, eschatology and Christian Worldview from Placerville, California. In his book, Productive Christians In An Age Of Guilt Manipulators, Chilton demonstrates that “Christian Socialism” is simply a baptized humanism, the goal of which is not charity but raw police state power.
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