Mises’ work explains how laissez-faire economies have incentives to be peaceful with each other, and how, inversely, tariffs and protectionism create isolation, instability, and war. His words are especially prescient today as conflicts rage and tensions between superpowers continue to rise—mirroring the rise in state power across the globe.
Dr. Jonathan Newman joins Bob to break down the history of warfare, how states fund war, and why war is more destructive in the modern era.
Human Action Podcast listeners can get a free copy of Per Bylund’s How to Think About the Economy: Mises.org/HAPodFree
Dr. Newman’s Article on the History of Warfare: https://Mises.org/HAP421a
Dr. Murphy on Private Military Defense: https://Mises.org/HAP421b
‘Free Trade vs. Protectionism’ MisesU 2023 Lecture: https://Mises.org/HAP421c
Bob and Jonathan’s Talks from the Mises Circle in Fort Myers: https://Mises.org/HAP421d
Find free books, daily articles, podcasts, lecture series, and everything about the Austrian School of Economics, at https://Mises.org.
Twitter ► https://twitter.com/mises/
Facebook ► https://www.facebook.com/mises.institute/
Instagram ► https://www.instagram.com/misesinstitute/
SoundCloud ► https://soundcloud.com/misesmedia/
Apple Podcasts ► https://podcasts.apple.com/us/artist/mises-institute/1280664810
Rumble ► https://rumble.com/c/c-2212754
Odysee ► https://odysee.com/@mises/
Podcasts ► https://mises.org/library/audio-video/
Chapters
00:00 Free Book!
00:44 Introduction
01:23 Mises on the History of Warfare
05:50 How the Ideology Behind War Has Changed
15:05 The International Division of Labor and War
24:28 How States Fund Wars
33:28 Why Citizens Don’t Revolt
41:12 Is War Good for the Economy?