Mises Daily
Author:
Ludwig von Mises
Online Publish Date:
[ Economic Freedom and Interventionism (1980)] About 60 years ago Gabriel Tarde (1843–1904) the great French sociologist, dealt with the problem of the popularization of luxuries. An industrial innovation, he pointed out, enters the market as the extravagance of an elite before it finally turns, step by step, into a need of each and all and is