Michael A. Heilperin

Michael Heilperin was born in 1909 in Warsaw, Poland. He was a friend and colleague of Ludwig von Mises's in Geneva, and his specialization was the international monetary system. He applied the Austrian theory of the business cycle along with his knowledge of the balance of payments to warn against the rise of monetary nationalism. See his literature archive.

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Economic Nationalism: From Mercantilism to World War II

Big GovernmentWorld HistoryInterventionismOther Schools of Thought

07/13/2010Mises Daily ArticlesMichael A. Heilperin

The rulers of that period had far-reaching powers over the activities of their subjects, while individual liberties were largely submerged.

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Aristotelian Self-Sufficiency through the Middle Ages

Free MarketsWorld HistoryEntrepreneurship

06/28/2010Mises Daily ArticlesMichael A. Heilperin

Obviously the word [mercantilism] can only be used within strict limitations, but, alien as the conception of a national economy still was to the governments of the late fourteenth and early fifteenth centuries, it is plain from their conduct that they desired to protect the industry and commerce...

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Prosperity vs. Peace

Big GovernmentGlobal EconomyWar and Foreign PolicyInterventionismOther Schools of Thought

06/01/2010Audio/VideoMichael A. Heilperin

Collectivism and interventionism emphasize the importance of national boundaries. Indeed, they make territorial expansion once more worthwhile because, within the wider area, there are more resources and a greater scope for planning, writes Michael A. Heilperin. This audio Mises Daily is narrated...

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Prosperity vs. Peace

Free MarketsGlobal EconomyInterventionismOther Schools of Thought

06/01/2010Mises Daily ArticlesMichael A. Heilperin

The collectivistic and neomercantilistic writers of today seek prosperity along a road which necessarily takes us further and further away from peace.