Interventionism : an economic analysis / / Ludwig von Mises ; edited and with a foreword by Bettina Bien Greaves

• Record Nr.: UNINA9910960906003321
• Autore: Von Mises Ludwig <1881-1973.>
• Pubbl/distr/stampa: Indianapolis, Ind., : Liberty Fund, Inc., c2011
• ISBN: 0-86597-738-0; 1-4619-3143-6; 1-61487-891-9
• Edizione: [1st ed.]
• Descrizione fisica: 1 online resource (129 p.)
• Altri autori (Persone): GreavesBettina Bien
• Disciplina: 330.15/7
• Soggetti: Economic policy; Central planning
• Lingua di pubblicazione: Inglese
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Note generali: "Originally published in 1998 by Foundation for Economic Education, Inc."--T.p. verso.
• Nota di bibliografia: Includes bibliographical references (p. [97]-98) and index.
• Nota di contenuto: Foreword -- Author's preface -- Introduction -- The problem -- Capitalism or market economy -- The socialist economy -- The capitalist state and the socialist state -- The interventionist state -- The plea for moral reform -- Interference by restriction -- The nature of restrictive measures -- Costs and benefits of restrictive measures -- The restrictive measure as a privilege -- Restrictive measures as expenditures -- Interference by price control -- The alternative: statutory law versus economic law -- The reaction of the market -- Minimum wages and unemployment -- The political consequences of unemployment -- Inflation and credit expansion -- Inflation -- Credit expansion -- Foreign exchange control -- The flight of capital and the problem of "hot money" -- Confiscation and subsidies -- Confiscation -- The procurement of funds for public expenditure -- Unprofitable public works and subsidies -- "Altruistic" entrepreneurship -- Corporativism and syndicalism -- Corporativism -- Syndicalism -- War economy -- War and the market economy -- Total war and war socialism -- Market economy and national defense -- The economic, social, and political consequences of interventionism -- The economic consequences -- Parliamentary government and interventionism -- Freedom and the economic system -- The great delusion -- The source ; of Hitler's success -- Conclusions -- Reading references -- Index.
• Sommario/riassunto: Interventionism provides Mises's analysis of the problems of government interference in business from the Austrian School perspective. Written in 1940, before the United States was officially involved in World War II, this book offers a rare insight into the war economies of Hitler's Germany and Mussolini's Italy. Mises criticizes the pre-World War II democratic governments for favoring socialism and interventionism over capitalist methods of production. Mises contends that government's economic role should be limited because of the negative political and social consequences of the economic policy of interventionism. 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.