By Benjamin Weingarten Ludwig von Mises, a leader of the free market Austrian School of Economics, wrote perhaps most passionately about his aversion to socialism and reverence for capitalism having witnessed the rise of the Nazis in Germany, and consequently fleeing to America.
In honor of his belated Sept. 29th birthday, below is one of his most insightful essays “The Dictatorial, Anti-democratic and Socialist Character of Interventionism,” excerpted from his 1951 book, “Socialism,” which lays bare the truth about economic interventionism, and in the process refutes practically every major argument you will ever encounter from a progressive.
Ludwig von Mises. (Image Source: Wikipedia Commons)
Many advocates of interventionism are …read more
Source: The Blaze