These essays by Ludwig Von Mises explain the problems that arise when the state vies for more and more control over the economy. Mises goes on to explain the deleterious effects of state intervention by discussing its impact on wages, prices, unemployment, and inflation.
Also from the FEE Library
Cliches of Socialism Number 18 by Paul L. Poirot
“Customers ought to be protected by price controls.”
Liberty: A Path to its Recovery by F.A. Harper
This 1949 book by Harper is a short and very readable overview of the concept of liberty, written at a time when liberty was under threat in all sorts of ways. He discusses three types of liberty: of thought, of…
Cliches of Socialism Number 5 by Leonard Read
“Too much government, just what would you cut out?”
Planned Chaos by Ludwig Von Mises
A provoking study and analysis of the results of state intervention and state planning. Mises explains how the pursuit of a mixed economy will always lead to socialism and can never avoid the business cycle.
Government-An Ideal Concept by Leonard Read
This long essay from 1954 reflects Read’s attempt to think through the question of why we need government and how best to limit it. As the title suggests, he lays out an ideal vision of what an ideal government should…
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