FormerContributor-78162cb3 at 22:26, 8 November 2012

2012-11-08T22:26:21Z

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FormerContributor-78162cb3: Created page with "'''Valor''' is courage in the face of danger. According to Ludwig von Mises, what sometimes appears to be valor is in fact the result of dangers that would arise from not ..."

2012-11-08T22:26:10Z

Created page with "'''Valor''' is courage in the face of danger. According to Ludwig von Mises, what sometimes appears to be valor is in fact the result of dangers that would arise from not ..."

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'''Valor''' is courage in the face of danger. According to [[Ludwig von Mises]], what sometimes appears to be valor is in fact the result of dangers that would arise from not taking a risk: "The doctor and the professional soldier are in the same position as many other workers whose work is associated with danger. The supply of workers for these professions reflects their lesser attractiveness, and the wage is adapted correspondingly. But if, in spite of the danger, a man enters the profession for sake of the higher remuneration and other advantages and honours, he cannot evade the dangers without the greatest prejudice to himself. The professional soldier who turned tail, the doctor who refused to treat an infectious case, would endanger their future careers to such an extent that they have virtually no choice in the matter."<ref>{{cite book|chapter=The Stimulus to Labour|author=Mises, Ludwig von|title=Socialism|url=http://mises.org/books/socialism/part2_ch8.aspx}}</ref>

==References==
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Valor - Revision history

FormerContributor-78162cb3 at 22:26, 8 November 2012

FormerContributor-78162cb3: Created page with "'''Valor''' is courage in the face of danger. According to Ludwig von Mises, what sometimes appears to be valor is in fact the result of dangers that would arise from not ..."