I reread Mises’s classic work Socialism this summer. Fun historical fact — this was the first book of Mises’s that I read, followed by Theory of Money and Credit, before I read Human Action. The book had a huge impact on me when I read it, and it still does. In many ways, I consider it Mises’s best book in terms of argument, tone, and urgency — though of course Human Action is his most magisterial work. Mises’s commitment to liberal cosmopolitanism leaps off the pages for those who will read carefully, and this means a commitment to peaceful social cooperation. Let’s look closely at some passages from the section on Liberalism and Socialism.
In the Liberal Social Philosophy the human mind becomes aware of the overcoming of the principle of violence by the principle ofRead More »