Interventionism

Presented at Mises University 2021.

Recorded at Mises University 2021.

Böhm-Bawerks was a brilliant economist, and we must also remember his example as a principled man of uncompromising integrity who in the political arena unswervingly fought for freedom and free markets.

With the affected business interests demanding regulatory harmonization and the world's legislators and regulators willing to supply it, who will oppose it? The answer, all too often, is no one.

If the mixed economy is such a disaster, why do we have one? Because it enables the well-connected to loot the rest of us in a social democracy disguised as "democratic capitalism."

From the Great Depression to the Cold War, to the War on Terror, the regime repeatedly seeks to keep its citizens in a state of fear. And there's one "enemy" that is always there for the state to save us from: "greed" and capitalism. 

Franz Oppenheimer explains in detail the manner in which the state seizes control of society, one stage at a time.

Kennedy and his new brand of economists conducted a relentless campaign for easy money right from inauguration day.

It is absurd to say we wish to do away with religion, education, property, labor, and the arts simply because we oppose government subsidies. Rather, we merely oppose stealing from one group of citizens and handing over their wealth to others.

The salient fact, and one which most writers fail to stress, is that, insofar as the working people then had a "choice of alternative benefits," they chose the conditions which the reformers condemned.