This might be Mises's best-selling book. This new release is certainly the most beautiful edition to appear yet. It is a very clear explanation of the basics of economic policy: private property, free trade, exchange, prices, interest, money and inflation, socialism, fascism, investment, and much more. As Mises discusses each topic, he addresses the many merits of market institutions and the dangers of intervention.
These chapters were originally delivered as lectures in Argentina in 1958, at the University of Buenos Aires, and later written up in prose. Mises had urged Argentina to turn from dictatorship and socialism toward full liberty, so there is a special urgency behind the cool logic employed here. The book's continued popularity is due to its clarity of exposition on the ways in which economic policy affects everyone.
It is a very good text for undergraduates studying economic policy, and for anyone who wants to gain a fundamental understanding of the interaction between market forces and government intervention.
Table of Contents
Introduction by Bettina Bien Greaves
Foreword by Margit von Mises
First Lecture: Capitalism
Second Lecture: Socialism
Third Lecture: Interventionism
Fourth Lecture: Inflation
Fifth Lecture: Foreign Investment
Sixth Lecture: Policies and Ideas
Index
ISBN 978-1-933550-01-5
Paperback, 108 pgs.