American Affairs, Volume 7, Number 3

Mises, Hayek, and Isabel Paterson write for the newly posted issue of American Affairs from 1945. Garrett himself warns of a growing “American Menace”: “If only the American power were apparitional— if it would appear only when needed to trample the aggressor down, and then, having raised the aggressor’s victims to their feet again, if it would retire upon itself instead of forcing the economic rivalries of peace to new extremes, Europe would be greatly obliged.”