Jean-Baptiste Say, Capitalism and Say’s “Law of Markets”

Say’s Law of Markets already included the answers to the questions against free markets with which the Keynesians attempted to challenge the efficacy of capitalism a century later.

Interventionism: An Economic Analysis by Ludwig Von Mises

Interventionism: An Economic Analysis by Ludwig Von Mises

Interventions inevitably generate imbalances in the market that will force the government to either repeal the existing interventions or extend them in the futile attempt to use new interventions to compensate for the distortions its prior interventions have created, until finally the market has been supplanted by the command economy through a process of incremental expansion of the regulations and controls.

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