Title page from Liberalism: The Classical Tradition (1927) (LF ed.)

Liberalism: The Classical Tradition (1927) (LF ed.)

The great Austrian economist Ludwig von Mises provides a concise and tightly-argued one volume defense of classical liberalism, focusing on the core concepts of private property, limited government, peace, and the free market.

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Key Quotes


When liberal ideas began to spread to central and eastern Europe from their homeland in western Europe, the traditional powers—the monarchy, the nobility, and the clergy—trusting in the instruments of repression that were at their disposal, felt completely safe. They did not consider it necessary…

War & Peace

The ultimate ideal envisioned by liberalism is the perfect cooperation of all mankind, taking place peacefully and without friction. Liberal thinking always has the whole of humanity in view and not just parts. It does not stop at limited groups; it does not end at the border of the village, of the…