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The Ludwig von Mises Institute

Advancing Austrian Economics, Liberty, and Peace

Advancing the scholarship of liberty in the tradition of the Austrian School

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Literature Library


The Decline of the American Republic

The Decline of the American Republic

In 1955, John T. Flynn saw what few others journalist did: the welfare-warfare state conspired to bring down American liberty. The New Deal combined with World War Two had fastened leviathan control over a country born in liberty.

This early analysis of the causes of the Great Depression and the failure of the New Deal also notes a point later demonstrated in detail by Robert Higgs: the economic boom of WW2 was false in every way, an artifice created by misleading government data and inflationary finance.

Here we see the best of some of the last writings of the interwar "Old Right," a man whose opinions were deemed too libertarian for the likes of National Review.

Updated 5/26/2011