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Human Action: A Treatise on Economics Part 1

Mises Audio Books Podcast

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Envy Is a Widespread Frailty

Envy is a widespread frailty. Many intellectuals envy the higher income of prosperous business men, and that these feelings drive them toward socialism. Scientists are bound to deal with every doctrine as if its supporters were inspired by nothing else than the thirst for knowledge. The yardstick to be applied is always the yardstick of reason. A theory is either correct or incorrect. It may happen that the present state of our knowledge does not allow a decision with regard to its correctness or incorrectness. But a theory can never be valid for a bourgeois or an american if it is invalid for a proletarian or a chinese. If the marxians and the racists were right, it would be impossible to

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