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Ludwig von Mises on war and the economy

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  • Christopher J. Coyne

    (George Mason University)

  • Anne R. Bradley

Abstract

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.

Suggested Citation

  • Christopher J. Coyne & Anne R. Bradley, 2019. "Ludwig von Mises on war and the economy," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 32(3), pages 215-228, September.
    • Handle: RePEc:kap:revaec:v:32:y:2019:i:3:d:10.1007_s11138-019-0433-z
    DOI: 10.1007/s11138-019-0433-z
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    Cited by:

    1. Coyne,Christopher J., 2020. "Defense, Peace, and War Economics," Cambridge Books, Cambridge University Press, number 9781108724036, October.

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    More about this item

    Keywords

    Liberal peace; Ludwig von Mises; War economy; War socialism;
    All these keywords.

    JEL classification:

    • B13 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Neoclassical through 1925 (Austrian, Marshallian, Walrasian, Wicksellian)
    • B53 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Austrian
    • F50 - International Economics - - International Relations, National Security, and International Political Economy - - - General

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