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The Limits of Governmental Activity


It is an established fact that alcoholism, cocainism, and morphinism are deadly enemies of life, of health, and of the capacity for work and enjoyment.But this is far from demonstrating that the authorities must interpose to suppress these vices by commercial prohibitions, nor is it by any means evident that such intervention on the part of the government is really capable of suppressing them or that, even if this end could be attained, it might not therewith open up a Pandora’s box of other dangers, no less mischievous than alcoholism and morphinism.

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    Ludwig von Mises (1881-1973) was one of the world's foremost economists and the author of "Human Action", "Socialism; Liberalism", "The Theory of Money and Credit", and many other works.