1. Skip to navigation
  2. Skip to content
  3. Skip to sidebar

The Ludwig von Mises Institute

Advancing Austrian Economics, Liberty, and Peace

Advancing the scholarship of liberty in the tradition of the Austrian School

Search Mises.org

Literature Library


Critique of Interventionism, A

Critique of Interventionism, A

In the sequence of Mises's books concerning policy, this book followed Socialism, and was the first to present a new theory of interventionism.

In Mises's view, interventionism is an inherently unstable policy because it creates new dislocations that would seem to cry out for further interventions, which, in turn, do not solve the problem. The end of interventionism is socialism, a fate which can be logically avoided only by a sharp turn towards free markets.

Along with Socialism and the Liberalism, this book stands as a masterpiece of policy logic.

Publication Information Kritik des Interventionismus: Untersuchungen zur Wirtschaftspolitik und Wirtschaftsideologie der Gegenwart. [Critique of Interventionism: Inquiries into Present Day Economic Policy and Ideology]. Jena: Gustav Fischer, 1929. English translation of the 1976 German new edition. Translated by Hans F. Sennholz. Revised English translation of the 1976 German new edition. Translated by Hans F. Sennholz. Irvington-on-Hudson, N.Y.: Foundation for Economic Education, 1996.
Updated 12/30/2011