- Downloads:
- Die Gemeinwirtschaft_2.pdf
Mises’s book Socialism might be the bravest and most revolutionary book of the 20th century. Here is the 1932 second edition of the German original.
Ludwig von Mises was the acknowledged leader of the Austrian school of economic thought, a prodigious originator in economic theory, and a prolific author. Mises’s writings and lectures encompassed economic theory, history, epistemology, government, and political philosophy. His contributions to economic theory include important clarifications on the quantity theory of money, the theory of the trade cycle, the integration of monetary theory with economic theory in general, and a demonstration that socialism must fail because it cannot solve the problem of economic calculation. Mises was the first scholar to recognize that economics is part of a larger science in human action, a science that he called praxeology.
The right of self-determination is the right of the inhabitants of every territory to decide on the state to which they wish to belong.
Under a system of private ownership, in which the government's only function is to protect property rights, it is immaterial where the frontiers of people's country are drawn.
As the Marxians do not admit that differences of opinion can be settled by discussion and persuasion or decided by majority vote, no solution is open but civil war.
Jena: Verlag von Gustav Fischer, 1932 (2nd edition of Socialism in German)
