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Advancing Austrian Economics, Liberty, and Peace

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A Critique of
Interventionism

by Ludwig von Mises

Originally published in 1929 as Kritik des Interventionismus and republished in 1976 under the same title and incorporating the essay “Nationalization of Credit?” Copyright 1929 and 1976 by Gustav Fischer Verlag. “Nationalization of Credit?” first appeared in the Journal of National Economics, vol. I, 1930 (copyright Springer­Verlag, Wien). Translation copyright 1977 by Margit von Mises. Buy the book.


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FOREWORD (p. 7)
by Margit von Mises

INTRODUCTION (p. 9)
by Hans F. Sennholz

PREFACE (p. 13)

INTERVENTIONISM (p. 15)
1. Interventionism as an Economic System
2. The Nature of Intervention
3. Restrictions of Production
4. Interference with Prices
5. Destruction Resulting from Intervention
6. The Doctrine of Interventionism
7. The Historical and Practical Arguments for Interventionism
8. Recent Writings on the Problems of Interventionism

THE HAMPERED MARKET ECONOMY (p. 57)
1. The Prevailing Doctrine of the Hampered Market Economy
2. The Thesis of Schmalenbach

SOCIAL LIBERALISM (p. 71)
1. Introduction
2. Socialism of the Chair
3. Liberalism and Social Liberalism
4. Control or Economic Law?
5. The Methodenstreit
6. The Economic Doctrines of Social Liberalism
7. The Concept and Crisis of Social Policy
8. Max Weber and the Socialists of the Chair
9. The Failure of the Prevailing Ideology

ANTI-MARXISM (p. 107)
1. Marxism in German Science
2. National (Anti-Marxian) Socialism
3. Sombart as Marxist and Anti-Marxist
4. Anti-Marxism and Science

THEORY OF PRICE CONTROLS (p. 139)
1. Introduction
2. Price Controls
3. The Significance of the Theory of Price Control for the Theory of Social Organization

THE NATIONALIZATION OF CREDIT? (p. 153)
1. Private Interest and Public Interest
2. Bureaucratic Management or Profit Management of Banking?
3. The Danger of Overexpansion and Immobilization
4. Summation.