Free Market
Author:
Paul F. Cwik
Online Publish Date:
The Free Market 17, no. 5 (May 1999) Murray Rothbard once asked Ludwig von Mises at what point on the spectrum of statism can a country be designated as “socialist.” To his surprise, Mises said that there was, indeed, a clear-cut delineation: the stock market. Mises said, “A stock market is crucial to the existence of capitalism and private