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Planned Chaos
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Planned Chaos

by Ludwig von Mises ·  1947
★★★★★Editor's Pickintermediate

A short, devastating analysis of the 'middle of the road' policies that mix markets with planning. Mises argues that interventionism is unstable — each intervention creates new problems that demand further intervention, until the system collapses into full socialism. A prescient warning for the modern welfare state.

★ Why We Recommend It

This is one of the most important works in the liberty tradition — essential for any serious student of free markets and individual rights.

Best For:Intermediate readersBuilding a foundationSecond-year study

What You'll Learn from Planned Chaos

  • 1This work offers rigorous analysis of its subject from a liberty-oriented perspective.
  • 2The author builds a systematic argument from first principles.
  • 3The implications for policy and practice are far-reaching.
  • 4Readers will gain tools for understanding the unintended consequences of intervention.
  • 5Essential reading for anyone serious about the ideas of freedom.

Ludwig von Mises

Ludwig von Mises is a leading thinker in the tradition of economic and political liberty. This work represents a significant contribution to the literature of freedom and free markets, and has influenced generations of students and scholars.

Watch: Ludwig von Mises

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