Is there a lesson to be drawn from Mises’s critique? I think so. Intervention tends to beget intervention. Therefore, when you see a public problem, don’t look to government intervention for a solution. Instead, look for the previous intervention that created it — and work to have the offending legislation repealed.Read it here.
Friday, December 21, 2012
TGIF: Intervention Begets Intervention
This week's TGIF looks at Ludwig von Mises's "critique of interventionism." Bottom line:
Labels:
intervention,
laissez faire,
Mises,
socialism
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