You have the courage to tell the masses what no politician told them: you are inferior and all the improvements in your conditions which you simply take for granted you owe to the effort of men who are better than you. If this be arrogance, as some of your critics observed, it is still the truth that had to said in the age of the Welfare State.

What It Means

This is a placeholder explanation generated by the low-overhead model. It interprets "You have the courage to tell the masses what no politician told them: you are inferior and all the improvements in your conditions which you simply take for granted you owe to the effort of men who are better than you. If this be arrogance, as some of your critics observed, it is still the truth that had to said in the age of the Welfare State." in the context of "Mises' letter to Ayn Rand praising Atlas Shrugged,(23 January 1958), quoted in Mises: The Last Knight of Liberalism (2007)." to mean that wisdom is timeless.