Innovation Requires Economic Freedom

Tags: Interventionism, Philosophy and Methodology, Big Government

03/25/2011 Ludwig von Mises

The foremost aim of despotic government is to prevent any innovations that could endanger its own supremacy. Its very nature pushes it toward extreme conservatism, the tendency to retain what is, no matter how desirable for the welfare of the people a change might be, writes Ludwig von Mises (1881–1973).

This audio Mises Daily, excerpted from the audiobook version, is narrated by John Pruden.

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