Ludwig von Mises on War and the Economy
27 Pages Posted: 20 Jan 2019 Last revised: 11 Apr 2019
Date Written: January 11, 2019
In 1919, in the wake of the Central Power’s defeat in World War I, Ludwig von Mises published his second book, Nation, State, and Economy. The book explores the consequences of war and the type of political and economic arrangements likely to generate a lasting peace in the future. This paper reviews the book’s key themes regarding the relationship between war and the economy. We make connections between Mises’ insights and contemporary literature in order to demonstrate the continuing relevance of Nation, State, and Economy a century after its publication.
Keywords: liberal peace, Ludwig von Mises, war economy, war socialism
JEL Classification: B13, B53, F50
Suggested Citation: Suggested Citation