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Economic Freedom and Interventionism (Lib Works Ludwig Von Mises) (Lib Works Ludwig Von Mises PB)

4.3 out of 5 stars 3 customer reviews
ISBN-13: 978-0865976733
ISBN-10: 0865976732
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  • Economic Freedom and Interventionism (Lib Works Ludwig Von Mises) (Lib Works Ludwig Von Mises PB)
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Editorial Reviews

About the Author

Ludwig von Mises (1881-1973) was a preeminent philosopher and economist during the twentieth century. He shared an intellectual friendship with literary giant Ayn Rand, and his theorems and philosophies have continued to influence the careers and ideas of politicians and economists alike.
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Product Details

  • Series: Lib Works Ludwig Von Mises PB
  • Paperback: 312 pages
  • Publisher: Liberty Fund, Inc. (December 1, 2006)
  • Language: English
  • ISBN-10: 0865976732
  • ISBN-13: 978-0865976733
  • Product Dimensions: 6 x 0.9 x 8.9 inches
  • Shipping Weight: 1.2 pounds (View shipping rates and policies)
  • Average Customer Review: 4.3 out of 5 stars  See all reviews (3 customer reviews)
  • Amazon Best Sellers Rank: #2,548,552 in Books (See Top 100 in Books)

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By D. W. MacKenzie on December 22, 2009
Format: Paperback
Economic Freedom and Interventionism is a collection of essays Mises wrote for general audiences. What is remarkable about this book is its prescience. Mises anticipated so much that would later be confirmed by economic freedom indexes: socialism fails abjectly and interventionism hinders progress.

Economic education is a recurring theme of this book. Mises was not clear as to how the economic literacy of the public might improve. But he did appear to think that America was setting an important example. The retention of a relatively high degree of private enterprise made the superiority of capitalism more apparent.

As such, this is easy reading, compared to other books by Mises. Part I is a defense of capitalism. Here we can see the basic reasons why private capital matters, and how socialism fails. The second part examines intervention and the business cycle. The third part contains various critiques of the writings of other economists and of specific policies by Mises. The final part is on assorted topics, including a very interesting essay on small and big business.

The editor of this anthology did us all a great service with this book. Too few people of the twentieth century learned the lessons of this book. Hopefully people of the twenty first century will take better advantage of these ideas.
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Format: Paperback
This book was amazing. I found all of the information to be very informative and very useful. There are many great works throughout this compilation, and it would be foolish not to add this book to a collection of masterpieces. I strongly earge all people of all ages to look into the purchase this book. It will greatly increase your knowledge and understanding of just what there is out there to learn and understand.
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Format: Paperback
Ludwig Heinrich Edler von Mises (1881-1973) was one of the major figures in the Austrian School of economics; Nobel Prize winner Friedrich Hayek was a pupil of his. His major works are Human Action: A Treatise on Economics and Socialism: An Economic and Sociological Analysis. This 1990 book was edited by Bettina Bien Greaves (wife of Percy Greaves), and the writings are taken from publications such as 'The Freeman,' 'Christian Economics,' 'New Individualist Review,' etc.

He observes, "Men are unequal and the inherent inferiority of the many manifests itself also in the manner in which they enjoy the affluence capitalism bestows upon them. It would be a boon for mankind, say many authors, if the common man would spend less time and money for the satisfaction of vulgar appetites and more for higher and nobler gratifications. But should not distinguished critics rather blame themselves than the masses? Why did they... not better succeed in persuading the masses of inferior people to drop their vulgar tastes and habits?" (Pg. 25)

He says about his The Theory of Money and Credit (Lib Works Ludwig Von Mises PB) [Paperback] that "I tried to construct a theory based entirely upon the modern subjectivist methods of dealing with economic issues, the marginal utility concept... I pointed out that the phenomenon of interest, i.e., the higher valuation of present goods as against future goods, is an ineluctable category of human conduct....
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