From The Quotable Mises — surrounding passage

497; p. 500 The nations of Western Europe brought forth the political and institutional conditions for safeguarding saving and investment on a broader scale, and thus provided the entrepreneurs with the capital needed. Omnipotent Government , p. 101 The essential characteristic of Western civilization that distinguishes it from the arrested and petrified civilizations of the East was and is its concern for freedom from the state. The Ultimate Foundation of Economic Science , p. 98

“All the marvelous achievements of Western civilization are fruits grown on the tree of liberty.”

The Theory of Money and Credit , p.