In the past few posts, I reproduced the economist Ludwig von Mises’ 1949 explanation of “the crisis of interventionism”, which insisted that the “third way” is a system of economic organisation which cannot last. We must choose between either state socialism or a free society. State socialism would be chaos but […]
Read MorePost Tagged with: "Human Action"
The Crisis of Interventionism, part 3: The End of Interventionism
Blogging will be light for a few days for reasons which will become apparent when I return to it. In the meantime, I wanted to offer some prescient writing from Mises’ 1949 masterpiece, Human Action on the crisis of well-intentioned economic intervention. Via Human Action chapter XXXVI: The End of Interventionism, […]
Read MoreThe Crisis of Interventionism, part 2: The Exhaustion of the Reserve Fund
Blogging will be light for a few days for reasons which will become apparent when I return to it. In the meantime, I wanted to offer some prescient writing from Mises’ 1949 masterpiece, Human Action on the crisis of well-intentioned economic intervention. Via Human Action chapter XXXVI: The Exhaustion of the […]
Read MoreThe Crisis of Interventionism, part 1: The Harvest of Interventionism
Blogging will be light for a few days for reasons which will become apparent when I return to it. In the meantime, I wanted to offer some prescient writing from Mises’ 1949 masterpiece, Human Action on the crisis of well-intentioned economic intervention. Via Human Action chapter XXXVI: The Harvest of […]
Read MoreVia LearnLiberty – Social Cooperation: Why thieves hate free markets
Via LearnLiberty.org: And also: Society is concerted action, cooperation. Society is the outcome of conscious and purposeful behaviour. … Individual man is born into a socially organized environment. In this sense alone we may accept the saying that society is–logically or historically–antecedent to the individual. In every other sense this […]
Read MoreThe American Museum in Britain, Bath
This past weekend, we visited the American Museum in Britain. It was thought-provoking: America was of course conceived in liberty but American history, like every nation’s, is filled with examples of man’s inhumanity to man. The exhibition began with a wall of quotations from significant figures. These particularly stood out: […]
Read More
