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Ludwig von Mises
By JULIA M. WACKER
Through education, Churchill strove to elevate the individual. Through labor exchanges, he strove to promote natural market functions. Through unemployment insurance, he paired the virtue of thrift with an encouragement of personal responsibility to strengthen the individual and curb the effects of uncontrollable misfortune. Churchill recognized an end; he saw a means and pursued it.
Tags: Friedrich Hayek, Karl Marx, Labor Party, Liberal Party, Liberty, Ludwig von Mises, Socialism, Sydney Webb, Winston S. Churchill,