A Humane Economy

Wilhelm Röpke

A Humane Economy offers an understandable and compelling explanation of how economies operate. Over and over, the great Swiss economist stresses one simple point: You cannot separate economic principles from human behavior.

A Humane Economy by Wilhelm Ropke
Meet the Author
Wilhelm Röpke

Wilhelm Röpke (1899-1966) was schooled in the tradition of the Austrians and made enormous contributions to the study of political institutions. His powerful anti-Keynesian writings in particular underscore what an outstanding economist he was and the extent to which he was influenced by Mises. Röpke defended sound money and free trade, and attacked welfare. He was a passionate advocate of laissez-faire.

Mises Daily Wilhelm Röpke
We have a vivid memory of this process in the case of prohibition in America, and we know that legislation of this kind in the end becomes a poisonous source of corruption. Can anyone seriously believe that what did not succeed in the case of drink is likely to succeed in the case of inflation, that is, simply to forbid it?
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References

Henry Regnery Company, Chicago, 1960