Ludwig von Mises and the Nazis - Chicago Gold and Silver Investing ...

Ludwig von Mises was one of the inspirations of Austrian economics in the United States.

It can be argued that the last century has been a battle of two economic ideologies. On one side is the centrally planned government focused Keynesians. On the other is the free market, individual, hands off focus from the Austrian economics. One of the greatest influencers of Austrian economics was Ludwig von Mises. Mises was born and grew up in Austria. He left his homeland Austria to escape the Nazis who took over his beloved Austria. He settled in the United States where he continued his economic work.

A lot of his work in America was a repudiation of the Nazi economic ideology. National Socialism or the Nazi's was a form of socialism. It was similar to pure socialism in that the state controlled most of the means of production. Mises was the complete opposite. He believed in free markets with the state for the most part not involved in the contorl or ownership of the means of production.

If Americs is not careful, a form of socialism can take control.

Isn't it ironic, that as we approach the 40th anniversary of Mises death, that socialism and it's ugly effects are being felt in America. The economic fight is no longer against the Nazis. The fight here in America is internal. If the socialist win, you may see future Mises fleeing America for more freeer pastures.

Source: http://neilski.typepad.com/chicago_gold_and_silver_i/2012/10/ludwig-von-mises-and-the-nazis.html

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