Episode Details

Chapter 13 from The Influence and Significance of Human Action After 75 Years. 

Human Action is indispensable for comprehending the operation and consequences of interventionism, which is the least understood economic system. The treatise is the culmination of Mises's long-standing research program, which was to analyze and compare the three possible economic systems—capitalism, socialism, and interventionism—from the viewpoint of which best promotes social cooperation under the division of labor. Almost all contemporary progressives have embraced interventionism as the true path to socialist bliss.