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Interventionism


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imageINTERVENTIONISM

      The Liberty Fund Library of the Works of Ludwig von Mises

       Edited by Bettina Bien Greaves

      The Anti-capitalistic Mentality

      Bureaucracy

      Economic Freedom and Interventionism: An Anthology of Articles and Essays

      Economic Policy: Thoughts for Today and Tomorrow

      Human Action: A Treatise on Economics

      Interventionism: An Economic Analysis

      Liberalism: The Classical Tradition

      Nation, State, and Economy: Contributions to the Politics and History of Our Time

      Omnipotent Government: The Rise of the Total State and Total War

      On the Manipulation of Money and Credit: Three Treatises on Trade-Cycle Theory

      Planning for Freedom: Let the Market System Work

      A Collection of Essays and Addresses

      Socialism: An Economic and Sociological Analysis

      Theory and History: An Interpretation of Social and Economic Evolution

      The Theory of Money and Credit

      The Ultimate Foundation of Economic Science: An Essay on Method

       Edited by Richard M. Ebeling

      Selected Writings of Ludwig von Mises

      Volume 1: Monetary and Economic Policy Problems Before, During, and After the Great War

      Volume 2: Between the Two World Wars: Monetary Disorder, Interventionism, Socialism, and the Great Depression

      Volume 3: The Political Economy of International Reform and Reconstruction

title page

      This book is published by Liberty Fund, Inc., a foundation established to encourage study of the ideal of a society of free and responsible individuals.

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      The cuneiform inscription that serves as our logo and as a design element in Liberty Fund books is the earliest-known written appearance of the word “freedom” (amagi), or “liberty.” It is taken from a clay document written about 2300 B.C. in the Sumerian city-state of Lagash.

      Interventionism was written by Ludwig von Mises in 1940 and is here translated from the original German by Thomas Francis McManus and Heinrich Bund.

      Editorial additions and index © 1998, 2011 by Liberty Fund, Inc.

      Interventionism was originally published in 1998 by Foundation for Economic Education, Inc.

      Front cover photograph of Ludwig von Mises used by permission of the Ludwig von Mises Institute, Auburn, Alabama.

      This eBook edition published in 2013.

      eBook ISBNs:

      Kindle 978-1-61487-622-9

      E-PUB 978-1-61487-248-1

       www.libertyfund.org

       Foreword

       Author’s Preface

       Introduction

       1 The Problem

       2 Capitalism or Market Economy

       3 The Socialist Economy

       4 The Capitalist State and the Socialist State

       5 The Interventionist State

       6 The Plea for Moral Reform

       I Interference by Restriction

       1 The Nature of Restrictive Measures

       2 Costs and Benefits of Restrictive Measures

       3 The Restrictive Measure as a Privilege

       4 Restrictive Measures as Expenditures

       II Interference by Price Control

       1 The Alternative: Statutory Law versus Economic Law

       2 The Reaction of the Market

       3 Minimum Wages and Unemployment

       4 The Political Consequences of Unemployment

       III Inflation and Credit Expansion

       1 Inflation

       2 Credit Expansion

       3 Foreign Exchange Control

       4 The Flight of Capital and the Problem of “Hot Money”

       IV Confiscation and Subsidies

       1 Confiscation

       2 The Procurement of Funds for Public Expenditure

       3 Unprofitable Public Works and Subsidies

       4 “Altruistic” Entrepreneurship

       V Corporativism and Syndicalism

       1 Corporativism

       2 Syndicalism

       VI War Economy

       1 War and the Market Economy