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These chapters were originally delivered as lectures in Argentina in 1958, at the University of Buenos Aires, and later written up in prose. Mises had urged Argentina to turn from dictatorship and socialism toward full liberty, so there is a special urgency behind the cool logic employed here. The book's continued popularity is due to its clarity of exposition on the ways in which economic policy affects everyone.
It is a very good text for undergraduates studying economic policy, and for anyone who wants to gain a fundamental understanding of the interaction between market forces and government intervention.
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Reference & Research Book News
August 2010
This volume presents six lectures by Ludwig von Mises (1881-1973), the prominent economist of the Austrian School, delivered in Argentina in 1959 before an audience of business professionals, professors, teachers, and students. In the lectures, the core ideas of Mises regarding capitalism, socialism, interventionism, inflation, foreign investment, and politics and ideology are laid out in a non-technical fashion, thereby providing an accessible introduction to this influential economist.
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