Lies, Damn Lies, and the History of Capitalism

Source: Ludwig von Mises Institute
by Wanjiru Njoya

“Mark Twain popularized the phrase, ‘There are three kinds of lies: lies, damn lies, and statistics.’ This phrase could equally well be adapted to depict the role of socialist narratives taught as ‘history’—narratives that wreak even more economic havoc than outright lies. Lies can be debunked with facts, but socialist narratives appeal to political and moral ideologies that are less easily dislodged once they take root.” (06/23/26)

https://mises.org/mises-wire/lies-damn-lies-and-history-capitalism