The Hampered Market Economy

Tags: Interventionism, Economic Policy, Planning

07/13/2026 Ludwig von Mises

Mises examines the doctrine of a “hampered” or regulated market as a distinct third system and answers Schmalenbach’s thesis that free enterprise was giving way to a bound economy.

The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.

Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.

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The Hampered Market Economy