War and Foreign Policy

The Communists rebuff any connection with the bourgeoisie. Even if the Front Populaire were to be renewed, an affiliation with the Communists would hardly be realizable for monarchists.

From the point of view of a cynical world the American who entered two world wars and won them both, when his own interest was not paramount, was either an inscrutable hypocrite or an unbelievable romantic, and in either case a dangerous possessor of the world's ultimate power.

We may not even be fortunate enough to have any market readjustment at some time in the future. Instead, spurred on by people who have lost all sense of economic reality, the government may take complete control of the economy. Then, true enough, there will be no depression and unemployment in the accepted sense; but the alternative is not pleasant to contemplate.

Although Mises's books were often criticized severely when they appeared, his analyses of market operations, money, inflation, government intervention, and Communism, all firmly based on human action principles, live on and are gaining increasingly serious attention from scholars.

The “miracle” of Germany’s revival was not the result of a conscious rejection of socialism, but was rather an accident of politi

Our ancestors relied on themselves; we rely on the welfare state.

Raico makes clear that American participation in the war had disastrous consequences for liberty.

"Preservation of the tariff, by which the North exploited the South's economy, ranked foremost in Lincoln's calculus of reasons to launch the war, and emancipation of the slaves not at all."

To support his view that a market economy can effectively wage modern war, Mises advances a surprising claim about the early part of World War II.

Recorded at Mises University 2009.