De Jouvenel the Austrian

January 19, 2006 8:40 AM by Mises.org Updates | Other posts by Mises.org Updates | Comments (2)

The coercive acts of government do not increase welfare, de Jouvenel argues. In this masterful book, the author reduces statist welfare economics to rags and tatters.

"Many people understand what is wrong with rent control and similar misguided measures; but few possess de Jouvenel's willingness to accept the consequences of what they grasp in theory: the government programs must be immediately ended. For his clear view of this point, and for his penetrating criticism of applying welfare economic criteria to the state, de Jouvenel deserves the attention of everyone interested in Austrian economics."$24