WorldSys: Austrian Home Study Course, Week 28

READINGS: “Middle-of-the-road Policy Leads to Socialism” by Ludwig Von Mises, Chapters 11 and 12 of Gene Callahan’s “Economics for Real People” 1 What is interventionism? A third-way system meant to stand equidistant between communism and capitalism, retaining the advantages and avoiding the pitfalls of each. Interventionism essentially calls for having a market and a State, […]