Liberalism: The Classical Tradition (Liberty Fund Library of the Works of Ludwig von Mises)

As a percentage of GDP, the United States government spends more than the Chinese. There is no better measurement of socio-economic freedom, so is it right that we consider the situation in China to be communistic, and the U.S. to be a democratic, capitalistic society? Von Mises will please any mind that finds the preceding point elucidating.He is a master of the Austrian (classical liberal) school of economics, his points are made brilliantly using history as a guide. 'Liberalism' is a fantastic non-technical description of his principles. VonMises is occasionally overzealous in his explication of the concept of liberty, but his zeal is a testament to the energizing power of these ideas. In a world where governments are involved in nearly ever process of our lives, 'Liberalism' points out that there is an economic 'path less taken', the path of individual freedom, and we have every right to believe that this path leads to a prosperity we can only dream of today. Well written and insightful - 'Liberalism' is an excellent starting point to understanding the perspective of the classical liberal. This book presents the theoretical and practical arguments for liberalism in the classical tradition as defined by Mises as “the liberal doctrine of the harmony of the rightly understood interests of all members of a free society founded on the principle of private ownership of the means of production.” The foundation of liberalism, Mises says, rests on an understanding and appreciation of private property, social cooperation, the freedom idea, ethics and morality, democracy, and the legitimate role of government. Also in this book, Mises contrasts liberalism with other conceivable systems of social organization such as socialism, communism, and fascism. Ludwig von Mises (1881–1973) was the leading spokesman of the Austrian School of economics throughout most of the twentieth century. Bettina Bien Greaves is a former resident scholar and trustee of the Foundation for Economic Education and was a senior staff member at FEE from 1951 to 1999. Please note: This title is available as an ebook for purchase on Amazon, Barnes and Noble, and iTunes. "This book presents the theoretical and practical arguments for liberalism. Mises contrasts liberalism with other conceivable systems of social organization such as socialism, communism, and fascism. He is also more specific here than elsewhere in applying the liberal program to economic policy, domestic and foreign."--Jacket Ludwig Von Mises ; Edited By Bettina Bien Greaves. Includes Bibliographical References (p. [153]-157) And Index. Mode Of Access: World Wide Web. Translated From The German.