Interventionism: An Economic Analysis by Ludwig von Mises
| Written
in 1940 as part of Nationaloekonomie,
the German predecessor to Human
Action. Translated
from
the German manuscript by Thomas Francis McManus and Heinrich Bund.
First printed in 1998 by the Foundation for Economic Education,
Irvington-on-Hudson, New York. Copyright
© 1998 by Bettina Bien
Greaves. Our appreciation is given to Mrs. Greaves for the permission
to offer this book online for all to read. Online edition is copyright
2004 by the Ludwig von Mises Institute. |
FOREWORD
(p. vii)
AUTHOR’S
PREFACE (p. xi)
INTRODUCTION
(p. 1)
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 (p.
17)
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 CONTROL (p. 23)
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
(p. 35)
1.
Inflation
2. Credit
Expansion
3.
Foreign Exchange Control
4.
The
Flight of Capital and the Problem of “Hot Money”
IV.
CONFISCATION AND SUBSIDIES (p.
51)
1.
Confiscation
2. The
Procurement of Funds for Public Expenditure
3.
Unprofitable Public Works and Subsidies
4.
“Altruistic” Entrepreneurship
V.
CORPORATIVISM
AND SYNDICALISM
(p. 61)
1.
Corporativism
2.
Syndicalism
VI.
WAR ECONOMY (p. 67)
1.
War
and the Market Economy
2. Total
War and War Socialism
3.
Market
Economy and National Defense
VII.
THE ECONOMIC, SOCIAL, AND POLITICAL CONSEQUENCES OF INTERVENTIONISM
(p. 77)
1.
The
Economic Consequences
2.
Parliamentary Government and Interventionism
3.
Freedom and the Economic System
4.
The
Great Delusion
5.
The
Source of Hitler’s Success
VIII.
CONCLUSIONS (p. 91)
READING
REFERENCES
(p. 94)
INDEX
(p.
96)