Economic Policy: Thoughts for Today and Tomorrow

Economic Policy contains six lectures Ludwig von Mises delivered in 1959 for the Centro de Estudios sobre la Libertad in Argentina. This volume serves as an excellent introduction to what Mises sees as the simple truths of history in terms of economic principles. In straightforward language, Mises explains topics such as capitalism, socialism, interventionism, inflation, foreign investment, and economic policies and ideas.
Economic Policy: Thoughts for Today and Tomorrow, Edited and with an Introduction by Bettina Bien Greaves (Indianapolis: Liberty Fund, 2010).
Copyright:
The copyright to this edition, in both print and electronic forms, is held by Liberty Fund, Inc.
People:
- Author: Ludwig von Mises
- Editor: Bettina Bien Greaves
Formats:
| Format | Description | Size |
|---|---|---|
| EBook PDF | This text-based PDF or EBook was created from the HTML version of this book and is part of the Portable Library of Liberty. | 285 KB |
| HTML | This version has been converted from the original text. Every effort has been taken to translate the unique features of the printed book into the HTML medium. | 234 KB |
| LF Printer PDF | This text-based PDF was prepared by the typesetters of the LF book. | 616 KB |
Table of Contents
- CONTENTS
- INTRODUCTION
- FOREWORD
- ECONOMIC POLICY
- FIRST LECTURE: Capitalism
- The Beginning of Capitalism
- Businesses Serve Customers
- Capitalism Raises Living Standards
- Capitalist Savings Benefit Workers
- SECOND LECTURE: Socialism
- Freedom in Society
- Consumers Are the Bosses
- Status Society
- Social Mobility
- Government Planning
- Economic Calculation
- The “Soviet Experiment”
- THIRD LECTURE: Interventionism
- Government-Operated Enterprises
- What Is Interventionism?
- Why Price Controls Fail
- Wartime Interventions
- Rent Control
- Is There a Middle-of-the-Road System?
- FOURTH LECTURE: Inflation
- Printing Press Money
- Step-by-Step Price Increases
- Governments Do Not Like to Tax
- Inflation Cannot Last
- Gold Standard
- Inflation and Wage Rates
- Wages and “Full Employment”
- FIFTH LECTURE: Foreign Investment
- Better Tools Increase Production
- British Foreign Investments
- Hostility to Foreign Investments
- Governments Hamper Savings
- Developing Countries Need Capital
- Capital Migration Raises Wages
- SIXTH LECTURE: Politics and Ideas
- Economic Ideas and Politics
- Pressure Group Politics
- Interventionism and Special Interests
- Inflation and Interventionism Destroyed Roman Civilization
- Only Good Ideas Can Defeat Bad Ideas
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