Pied piper is one who uses his ability to attract others in order to lure them to their destruction. The term comes from the Legend of the Pied Piper of Hamelin (Germany) made famous by a poem of Robert Browning (1812-1889). According to the myth, a colorful piper agreed to rid the town of rats for a fee. He played a tune which lured the rats into the river where they drowned. When his fee went unpaid, he played a tune which lured the town's children into a cave from which they never returned.
- Percy L. Greaves, Jr. "Mises Made Easier ", 1974. Referenced 2014-08-20.