Economics and The Public Welfare

D. Van Nostrand Company, Inc.

D. VAN NOSTRAND COMPANY, INC.

120 Alexander St., Princeton, New Jersey (Principal office)

24 West 40 Street, New York 18, New York

D. Van Nostrand Company, Ltd.

358, Kensington High Street, London, W. 14, England

D. Van Nostrand Company (Canada), Ltd.

25 Hollinger Road, Toronto 16, Canada

Copyright © 1949, by

D. VAN NOSTRAND COMPANY, Inc.

Published simultaneously in Canada

by D. Van Nostrand Company (Canada), Ltd.

All Rights Reserved

This book, or any parts thereof may not be reproduced in any form without written permission from the author and the publisher.

First Published September 1949

Reprinted May 1959, May 1963, September 1965

Digital Edition by the Ludwig von Mises Institute 2012

eISBN: 978-1-61016-567-9

PRINTED IN THE UNITED STATES OF AMERICA