Mises Wire
Author:
Wanjiru Njoya
Online Publish Date:
A quotation from Die Transvaler in 1958, cited by Walter E. Williams in his book “South Africa’s War Against Capitalism,” illustrates a widespread misunderstanding about the nature and purpose of the laws of economics. The political choice to be made by Afrikaner nationalists during the apartheid years was whether to pay a price in terms of