Books

The Forging of American Socialism

BooksJune 16, 2009
At the instigation of Karl Marx and Friedrich Engels, the headquarters of the first International Workingmen's Association, mortally ill from the wasting disease of Bakunin anarchism, was transferred in 1872 from London to New York, to let it die in peace and obscurity. The communist leaders...

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Prosperity Through Competition

BooksJune 16, 2009
In postwar Germany, one great statesman led the fight for freedom: Ludwig Erhard. He was deeply influenced by Wilhelm Röpke, and drew heavily on the case for free markets made by Ludwig von Mises.

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Economic Calculation in the Socialist Society

BooksJune 16, 2009
Hoff demonstrates why calculation is impossible in a socialist economy and concludes that it is impossible to have a non-market economy, because how do you establish prices.

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The Economics of Enterprise

BooksJune 16, 2009
From the author: In questions of economic theory the writer conceives himself, as among his colleagues of the craft, to be in essentials rather a conservative than an innovator. The Socialists, indeed — with whom he disclaims all theoretical sympathies — seem to him to be the ultra-...

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Roosevelt's Road to Russia

BooksJune 16, 2009
Had a creeping megalomania eaten into the mind of this failing man, who was now in his thirteenth year as President of the world's mightiest nation and who had been giddily consorting with kings, potentates, and dictators? Had the plenitude of power which had been entrusted to him to distribute...

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A Socialist Empire: The Incas of Peru

BooksJune 16, 2009
Those determinists who seek at any cost to explain every social order in .terms of its natural environment would be greatly embarrassed by the case of the Incas. They will not find here the essential elements that, according to them, make possible the birth of a great civilization.

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Man and Nature in America

BooksJune 16, 2009
Man and nature is the basic fundamental fact of history. The relationship is mutual and necessary.

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Scientism and Values

BooksJune 15, 2009
"Scientism" is a term of criticism. In the realm of aesthetic creativity, the critic is usually a revered and accepted professional. But in the field of social science the man who suggests self-criticism and internal systematic doubt of what we are doing often invokes the scorn and wrath...

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Central Planning and Neomercantilism

BooksJune 15, 2009
The idea of central planning seems, at first sight, so reasonable that it is hard to see why any intelligent person would oppose it. For one thing, it appears to be a mere extension of individual planning, which all of us practice. Every intelligent person engages in planning.

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Gold Is Money

BooksJune 15, 2009
Essayists argue that money is not the product of a legislative act, but the inevitable result of man's division of labor and exchange economy.

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