Omnipotent Government: The Rise of the Total State and Total War

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In this volume Mises provides in economic terms an explanation of the international conflicts that caused both world wars. Although written more than half a century ago, Mises's main theme still stands: government interference in the economy leads to conflicts and wars. According to Mises, the last and best hope for peace is liberalism-the philosophy of liberty, free markets, limited government, and democracy.