Ludwig von Mises Archives

Political Economy

Ludwig von Mises Archives
Ludwig von Mises

The paramount matter is the conflict between economic freedom as represented in the market economy and totalitarian government omnipotence as realized by socialism.

Economists for political affairs and socialists described themselves as of the left or the right based upon where they sat in Parliament.  What is the difference between fascism and communism? Barely anything. Both are systems of socialism. But, people are in favor of freedom.

Recorded March 28,1969. Special thanks to Bettina Bien Greaves for making this important recording available. Note that this recording ends abruptly.