In this article, I would like to present some fundamental economic thoughts on the cause of war, as war has chronically plagued human history, particularly the more recent history. In 1919, the economist Ludwig von Mises (1881–1973) published a book entitled Nation, State, and Economy, presenting an explanation as to why the catastrophic First World War could come about.

With proponents of military intervention and war, it’s always 1938, and every attempt to substitute diplomacy for escalation and war is “appeasement.” 

Each century presents its unique set of problems for lovers of freedom, peace, and prosperity. While the great vanguards of liberty in the twentieth century dealt with the looming shadow of centralization and were engaged in a battle against socialists and statists who argued for centralization and adjudication of individual liberty for the sake of universal material opulence, free markets with the fall of the curtain on the twentieth century have definitely shown that universal material opulence is only compatible with individual economic freedom and liberty.