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Ludwig von Mises's Socialism: A Still Timely Case Against Marx

By Steven Horwitz

Revisiting classic texts in economics normally needs no justification beyond the benefits that come from looking at old ideas through new eyes. As we learn and grow as readers, we see new things, are more skeptical of old things, and make connections that we never did before. Some of my favorite books in my collection are those with layers of marginal notes from the multiple passes I've made through the book. Socialism by Ludwig von Mises is an excellent example of a book for which multiple reads have been greatly beneficial. However, there's one more reason why it's an opportune time to take another look at Socialism. As it approaches its hundredth anniversary in 2022, it has fresh relevance in a world where socialism is making something of a comeback among young progressives. The sheer length and breadth of Socialism makes it challenging to cover in a format like this, so one must pick and choose. In what follows, I will emphasize three areas the book covers. I will spend the mo...

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