Jeff Deist talks about Part Six of the book “Human Action” by Ludwig von Mieses. Mises’s analysis of interventionism—or the so-called “third way” between capitalism and socialism.
Mises exposes how state intervention in the market economy makes us all poorer, even while it claims to act against poverty and inequality on behalf of social justice. That perverse “justice” takes the form of currency manipulation, confiscation of land and capital, protectionism for syndicates and unions. – |
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