Mises Daily
Author:
Llewellyn H. Rockwell Jr.
Online Publish Date:
Ludwig von Mises had a theory about interventionism: It doesn’t accomplish its stated ends. Instead it distorts the market. That distortion cries out for a fix. The fix can consist in pulling back and freeing the market or taking further steps toward intervention. The State nearly always chooses the latter course, unless forced to do otherwise.