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.
Ludwig von Mises fue el líder reconocido de la escuela austriaca de pensamiento económico, un prodigioso creador de teoría económica y un autor prolífico.
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.
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.
