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To: Thure Meyer who wrote (23394)6/3/1999 11:21:00 AM
From: Gerald R. Lampton  Read Replies (1) of 24154
 
If you are comparing the US to Nazi Germany then you have made a mistake.

I made no such comparison. I just put Mises' statement out there for people to consider. In any event, I don't think that Mises is saying the U.S. is like Nazi Germany, but that interventionism, consistently applied, will over time lead to that result.

Of course, the gauntlet has been thrown down, and, if you think Mises is wrong, you now have the opportunity to expose the logical errors in his argument.

If you are positing that the Government should never intervene; then you have completely mis-understood all economic history and its complex political landscape.

Mises spends page after page in "Human Action" discussing the relationship between economics and history. I'll let Mises sum up his conclusion, on page 67:

. . . [E]conomic history is a long record of government policies that failed because they were designed with a bold disregard for the laws of economics.

I thought Hayek was capitalism's most unrepentant, fanatical defender. I was wrong.
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