In This Review


By Ludwig Von Mises
Macmillan, 1937
528 pp. $5.50

This work by an Austrian economist was originally published in German in 1922 and revised in 1932. The author is an old-fashioned liberal and a rationalist. He believes that capitalism is the only feasible economic system and that "all efforts to realize Socialism lead only to the destruction of society." Facts which do not fit in with his logic either are ignored or denied.

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