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portada nation, state, and economy,contributions to the politics and history of our time
nation, state, and economy,contributions to the politics and history of our timenation, state, and economy,contributions to the politics and history of our timenation, state, and economy,contributions to the politics and history of our timenation, state, and economy,contributions to the politics and history of our time
Type
Physical Book
Illustrated by
Publisher
Language
English
Pages
194
Format
Paperback
Dimensions
22.9 x 15.2 x 1.5 cm
Weight
0.39 kg.
ISBN
0865976414
ISBN13
9780865976412

nation, state, and economy,contributions to the politics and history of our time

Bettina Bien Greaves (Illustrated by) · Liberty Fund · Paperback

nation, state, and economy,contributions to the politics and history of our time - Mises, Ludwig Von ; Greaves, Bettina Bien

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Synopsis "nation, state, and economy,contributions to the politics and history of our time"

Essential to Mises's concept of a classical liberal economy is the absence of interference by the state. In World War I, Germany and its allies were overpowered by the Allied Powers in population, economic production, and military might, and its defeat was inevitable. Mises believed that Germany should not seek revenge for the peace of Versailles; rather it should adopt liberal ideas and a free-market economy by expanding the international division of labor, which would help all parties. "For us and for humanity," Mises wrote, "there is only one salvation: return to rationalistic liberalism." Ludwig von Mises (1881-1973) was the leading spokesman of the Austrian School of economics throughout most of the twentieth century. Bettina Bien Greaves is a former resident scholar and trustee of the Foundation for Economic Education and was a senior staff member at FEE from 1951 to 1999.

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