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Control or Economic Law

Control or Economic Law

Control orEconomic Law

Control or
Economic Law

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Control or
Economic Law

Eugen von Böhm-Bawerk

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MISES INSTITUTE

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“Control or Economic Law” first appeared in the Zeitschrift für Volkswirtshaft, Sozialpolitik und Verwaltung, Volume XXIII (1914): 205–71; translation is by John Richard Mez, Ph.D.

© 2010 by the Ludwig von Mises Institute and published under the Creative Commons Attribution License 3.0. http://creativecommons.org/licenses/by/3.0/

I. The Scientific Foundation of a Rational Economic Policy

I. The Scientific Foundation of a Rational Economic Policy

II. Conformity or Contradiction?

II. Conformity or Contradiction?

III. The Example of the Strike

III. The Example of the Strike

WHAT I HAVE TO SAY MAY, I THINK, BEST BE DEVELOPED BY LOOKING AT A typical instance that illustrates price determination through social control in a particularly noticeable manner: the case of the settlement of wage disputes by means of a strike.

IV. The Various Alternatives

IV. The Various Alternatives

LET ME AGAIN START FROM OUR CONCRETE ILLUSTRATION, AND DISCUSS, one by one, the various alternatives. What is typical and generally true in each individual case will thus easily become clear, and, moreover, specially stressed and summarized at the end.

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