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March 22, 2011
(Video) Liberty and Economics: The Ludwig von Mises Legacy
Topics: Political News and commentariesFrom Documentary Wire: The story of Ludwig von Mises ... the twentieth century's foremost economist, and one of its most important champions of Liberty and the free market economy.
What kind of man was Ludwig von Mises? As this unique film shows, Mises (1881-1973) was a man who never stopped fighting for freedom: not when the Nazis burned his books, not when the Left blackballed him at universities, not when it seemed as if statism had won. With courage and genius, he fought big government until the day he died ... in 25 books, hundreds of articles, and more than 60 years of teaching.Take the time to watch the entire film (posted on YouTube back in 2006)... and compare it to what we see and hear from Barack Obama and his fellow statists in Congress.Mises's battles against Communists, Nazis, and other socialists, are featured in this film, as are his ideas of Liberty. There is also the old Vienna he loved, the Bolshevik prime minister he dissuaded from Communism, and a cast of villains from Lenin to Hitler, as well as such supporters and students as Murray Rothbard, Ron Paul, Bettina Greaves, M. Stanton Evans, Mary Peterson, Joseph Sobran, and Yuri Maltsev.
Among his many accomplishments, Mises showed that socialism had to fail, that central banking causes recessions and depressions, that the gold standard is honest money, and that only laissez-faire capitalism is fully compatible with Western civilization.
Mises' insights on the economy and the perils of socialism and statism should be required reading of every American high school and college student (and yes - Barack Obama and his fellow Dems, as well).
Related: Soviet Socialism in the 21st Century Part VI: Marxism--Leninism
Hat tip - Free Republic
Posted by Richard at March 22, 2011 3:13 PM
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