Interventionism
provides Mises’s analysis of the problems of government interference in business from the Austrian School perspective. Written in 1940, before the United States was officially involved in World War II, this book offers a rare insight into the war economies of Hitler’s Germany and Mussolini’s Italy. Mises criticizes the pre–World War II democratic governments for favoring socialism and interventionism over capitalist methods of production. Mises contends that government’s economic role should be limited because of the negative political and social consequences of the economic policy of interventionism.
Ludwig von Mises
(1881–1973) was the leading spokesman of the Austrian School of economics throughout most of the twentieth century.
Bettina Bien Greaves
is a former resident scholar and trustee of the Foundation for Economic Education and was a senior staff member at FEE from 1951 to 1999.