Published Sunday, October 28, 2007 by Jörg Guido Hülsmann
The war years had brought economic hardship to Mises, and if he ever had any illusions about the state of the American mind before he came to the United States in 1940, he had certainly lost them by the end of the war.
American public opinion was already entirely under the sway of statism. And as a consequence the old American liberties were at an all-time low. As Mises wrote to a German correspondent: "Unfortunately one can become acquainted with the fruits of the planned economy here in the U.S.A. too."
Similarly, to a promising young economist in Austria he wrote that the American literature on economics was, if anything, worse than the European
(Original Text)
Birth of a Movement (17.02 MB)