2004年04月11日

Don\'t Forget Mises -- and Dump the Third Way!

[http://www.cato.org/dailys/041004.html]



Don\'t Forget Mises and Dump the Third Way!

by Michael Chapman



F.A. Hayek\'s contribution to freedom in the 20th century is incalculable. Yet so is that of his onetime teacher, Ludwig von Mises. The latter, in 1920, predicted the eventual collapse of the Soviet Union because of its lack of private property and a market to determine prices. This was detailed in his book of that year, \"Socialism.\"



In his later, extensive writings on government interventionism, Mises explained the inherent failings in what is today called the Third Way a deadly idea that has infected the politics and economies of Asia, Europe and the United States.


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