ARCHIVE

Critique of Interventionism

JULY 29, 2009

These essays by Ludwig Von Mises explain the problems that arise when the state vies for more and more control over the economy. Mises goes on to explain the deleterious effects of state intervention by discussing its impact on wages, prices, unemployment, and inflation. In his view, this policy is an inherently unstable one because it creates new dislocations that would seem to cry out for further interventions, which, in turn, do not solve the problem. The end of interventionism is socialism, a fate which can be logically avoided only by a sharp turn towards free markets.

 

Download the PDF of Critique of Interventionism

EMAIL UPDATES

* indicates required
Sign me up for...

CURRENT ISSUE

July/August 2014

The United States' corporate tax burden is the highest in the world, but innovators will always find a way to duck away from Uncle Sam's reach. Doug Bandow explains how those with the means are renouncing their citizenship in increasing numbers, while J. Dayne Girard describes the innovative use of freeports to shield wealth from the myriad taxes and duties imposed on it as it moves around the world. Of course the politicians brand all of these people unpatriotic, hoping you won't think too hard about the difference between the usual crony-capitalist suspects and the global creative elite that have done so much to improve our lives. In a special tech section, Joseph Diedrich, Thomas Bogle, and Matthew McCaffrey look at various ways these innovators add value to our lives--even in ways they probably never expected.
Download Free PDF

PAST ISSUES

SUBSCRIBE

RENEW YOUR SUBSCRIPTION

THE ARENA

Spooner v. Bentham on Natural Rights

Which way do you lean on natural rights? Who do you find yourself agreeing with most often, Spooner or Bentham?