Planning for Freedom: Let the Market System Work

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Overview


In this anthology, Mises offers an articulate and accessible introduction to and critique of two topics he considers especially important: inflation and government interventionism. According to Mises, inflation, that is monetary expansion, is destructive; it destroys savings and investment, which are the basis for production and prosperity. Government controls and economic planning never accomplish what their proponents intend. Mises consistently argues that the solution to government intervention is free markets and free enterprise, which call for reforming government. For that, ideas must be changed to “let the market system work.” There is no better “planning for freedom” than this. 

Ludwig von Mises (1881–1973) was the leading spokesman of the Austrian School of Economics throughout most of the twentieth century. He earned his doctorate in law and economics from the University of Vienna in 1906. In 1926, Mises founded the Austrian Institute for Business Cycle Research. From 1909 to 1934, he was an economist for the Vienna Chamber of Commerce. Before the Anschluss, in 1934 Mises left for Geneva, where he was a professor at the Graduate Institute of International Studies until 1940, when he emigrated to New York City. From 1948 to 1969, he was a visiting professor at New York University.

Bettina Bien Greaves is a former resident scholar, trustee, and longtime staff member of the Foundation for Economic Education. She has written and lectured extensively on topics of free market economics. Her articles have appeared in such journals as Human Events, Reason, and The Freeman: Ideas on Liberty. A student of Mises, Greaves has become an expert on his work in particular and that of the Austrian School of economics in general. She has translated several Mises monographs, compiled an annotated bibliography of his work, and edited collections of papers by Mises and other members of the Austrian School.

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Product Details

  • ISBN-13: 9780865976610
  • Publisher: Liberty Fund, Incorporated
  • Publication date: 12/30/2009
  • Series: Lib Works Ludwig Von Mises PB
  • Edition description: New Edition
  • Pages: 192
  • Sales rank: 1,314,365
  • Product dimensions: 6.00 (w) x 8.90 (h) x 0.50 (d)

Table of Contents

Foreword to the Liberty Fund Edition ix

Part 1  The Free Market Economy versus Government Planning
1    Planning for Freedom (1945) 3
2    Laissez Faire or Dictatorship (1949) 15
3    Capital Supply and American Prosperity (1952) 25

Part 2  Money, Inflation, and Government
4    Middle-of-the-Road Policy Leads to Socialism (1950) 41
5    Inflation and Price Control (1945) 53
6    Economic Aspects of the Pension Problem (1950) 61
7    Wages, Unemployment, and Inflation (1958) 68
8    The Gold Problem (1965) 76

Part 3  Mises: Critic of Inflationism and Socialism
9    Benjamin M. Anderson Challenges the Philosophy
      of the Pseudo-Progressives (1950) 85
10  Lord Keynes and Say's Law (1950) 95
11  Stones into Bread, the Keynesian Miracle (1948) 101
12  Liberty and Its Antithesis (1960) 111

Part 4  Ideas
13   My Contributions to Economic Theory (1940) 119
14   Economic Teaching at the Universities (1952) 125
15   The Political Chances of Genuine Liberalism (1951) 134
16   Trends Can Change (1951) 138
17   Profit and Loss (1951) 143

Index  173

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