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Eugen von Böhm-Bawerk

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[T]here is one … thing that not even the most imposing dictate of power will accomplish: It can never effect anything in contradiction to the economic laws of value, price, and distribution; it must always be in conformity with these; it cannot invalidate them; it can merely confirm and fulfill them.


Eugen von Böhm-​Bawerk, “Control or Economic Law,” Zeitschrift für Volkswirtshaft, Sozialpolitik und Verwaltung, Volume XXIII (1914): 205 – 71; John Richard Mez, Ph.D., translator.

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