… is from page 88 of the 1935 translation – titled “Economic Calculation in the Socialist Commonwealth” – of Ludwig von Mises’s 1920 paper “Die Wirtschaftsrechnung im sozialistischen Gemeinwesen,” as this translation appears in F.A. Hayek, ed., Collectivist Economic Planning (1935):
Economics, as such, figures all too sparsely in the glamorous pictures painted by the Utopians.
DBx: So it was a century ago, and so it remains today.
