Nation, State, and Economy: Contributions to the Politics and History of Our Time

Nation State and Economy Contributions to the Politics and History of Our Time In Mises explained how the first World War had come about distinguishing between nations states and economies Prior to the nineteenth century the boundaries of a state were determined by con

  • Title: Nation, State, and Economy: Contributions to the Politics and History of Our Time
  • Author: Ludwig von Mises Bettina Bien Greaves
  • ISBN: 9780865976405
  • Page: 247
  • Format: Hardcover
  • In 1919, Mises explained how the first World War had come about, distinguishing between nations, states, and economies Prior to the nineteenth century, the boundaries of a state were determined by conquest, coercion, rulers, and princes the people had nothing to say in the matter A nation, composed of persons speaking the same language and to a large extent sharing theIn 1919, Mises explained how the first World War had come about, distinguishing between nations, states, and economies Prior to the nineteenth century, the boundaries of a state were determined by conquest, coercion, rulers, and princes the people had nothing to say in the matter A nation, composed of persons speaking the same language and to a large extent sharing the same culture, was an essentially neutral concept, in no way incompatible with a liberal economy, individual freedom, democracy, and the right of self determination Yet this peaceful nationalism gave way to militarism, international conflict, and war Why Nations, like individuals, learn from experience The largely liberal movement for a greater Germany, composed of Germany, German Austria, and scattered enclaves of German nationals in neighboring countries, was frustrated by the state in the form of the Kingdom of Prussia, which became the German Empire, and the Hapsburg Empire of Austria Hungary Essential to Mises s concept of a classical liberal economy is the absence of interference by the state Under the chancellorship of Bismarck, the essentially reactionary German state became increasingly intrusive in every aspect of the nation economic, social, and of course political As the German state sought to become stronger by forcefully acquiring additional territory, German nationalism became increasingly militaristic and imperialistic, leading to international conflict and war In World War I, Germany and its allies were overpowered by the Allied Powers in population, economic production, and military might Because Germany needed imports to survive, much less to wage war, and was cut off from foreign suppliers, its defeat was inevitable.Mises believed that Germany should not seek revenge for the fetters forced upon German development by the peace of Versailles Rather, his theme throughout this book is that Germany should adopt liberal ideas and a free market economy by expanding the international division of labor, which would help all parties For us and for humanity, Mises wrote, there is only one salvation return to rationalistic liberalism Ludwig von Mises 1881 1973 was the leading spokesman of the Austrian School of Economics throughout most of the twentieth century He earned his doctorate in law and economics from the University of Vienna in 1906 In 1926, Mises founded the Austrian Institute for Business Cycle Research From 1909 to 1934, he was an economist for the Vienna Chamber of Commerce Before the Anschluss, in 1934 Mises left for Geneva, where he was a professor at the Graduate Institute of International Studies until 1940, when he emigrated to New York City From 1948 to 1969, he was a visiting professor at New York University.Bettina Bien Greaves is a former resident scholar, trustee, and longtime staff member of the Foundation for Economic Education She has written and lectured extensively on topics of free market economics Her articles have appeared in such journals as Human Events, Reason, and The Freeman Ideas on Liberty A student of Mises, Greaves has become an expert on his work in particular and that of the Austrian School of economics in general She has translated several Mises monographs, compiled an annotated bibliography of his work, and edited collections of papers by Mises and other members of the Austrian School.

    One thought on “Nation, State, and Economy: Contributions to the Politics and History of Our Time”

    1. Last part of the book was about Socialism and it is intrinsic union with today's public politics, qualified the book as a speech for taking several explanations of recovering german theories of state and how it was not being part of the holocaust idealism, book covered german theories of work and state enounced topics of the way of german contemporaneous authors were brief detailed in their books.

    2. Very tough to read. Mises' language is very vague; his examples are not specific. Though I can understand his theory and agree with him, the book itself is just not enjoyable to read.

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