Therefore it is not arrogance or narrow-mindedness that leads the economist to discuss these things from the standpoint of economics. No one, who is not able to form an independent opinion about the admittedly difficult and highly technical problem of calculation in the socialist economy, should take sides in the question of socialism versus capitalism. No one should speak about interventionism who has not examined the economic consequences of interventionism. An end should be put to the common practice of discussing these problems from the standpoint of the prevailing errors, fallacies, and prejudices. It might be more entertaining to avoid the real issues and merely to use popular catchwords and emotional slogans. But politics is a serious matter. Those who do not want to think its problems through to the end should keep away from it. . Ludwig Von Mises
About This Quote

We must avoid the temptation to only take sides in the debate between socialism and capitalism. It is true that we can never truly know what our society would be like if it were run by free market principles. We know that it would be a much better place, but we must remember that we cannot know for sure. We know that there are problems with capitalism and we know that there are problems with socialism, but we do not know which is the best solution, and we should not rush to judgement.

Source: Interventionism: An Economic Analysis

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