Bonus Quotation of the Day…

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… is from page 200 of the 1985 (3rd) edition of the late Ralph Raico’s translation of Ludwig von Mises’s great 1927 book, Liberalism:

The school of thought that advocates private ownership of the means of production must in any case also be granted a claim to some name or other. But it is best to adhere to the traditional name. It would create only confusion if one followed the new usage that allows even protectionists, socialists, and warmongers to call themselves “liberal” when it suits them to do so.