Two Essays: Liberty and Property and Middle of the Road Leads to Socialism

“Liberty and Property” and “Middle of the Road Leads to Socialism”

In “Liberty and Property,” Mises demonstrates how poverty, starvation, disease, and serfdom dominated the pre-capitalist ages, and how the market brought liberation for the masses of men. Socialism, in contrast, embodies hatred for liberty and prosperity.

In “Middle-of-the-Road Policy,” Mises lays out his theory that interventionism breeds on itself: one bad policy leads to another unless laissez-faire is restored and adhered to over time.

Contains an excellent forward by Thomas DiLorenzo.