Statism and the Economy

The Deadliest Virus

Jesús Huerta de Soto

• Publisher: Routledge
• Year: 2023
• Print ISBN:
  9781032573298
• eBook ISBN:
  9781003844921
• Topic: Economics
• Subtopic: Economic Theory
• Index: Economics

Featuring essays on topics ranging from the pandemic to antideflationist paranoia and the crisis of classical liberalism, this volume explores the various ways in which socialism statism is the 'deadliest virus' which constantly endangers the spontaneous process of social cooperation. Drawing on the Austrian School of economics, the book includes writings on the monetary policy of the European Central Bank and the economics of pandemics, economic cycles, Japanization and deflation, the crisis of classical liberalism versus anarchocapitalism, market socialism and nationalism, and the relations between efficiency and ethics. This book will be of great interest to those engaged with the study of Austrian economics, economic methodology, the monetary policy of the European Central Bank, the economic theory of pandemics, the theory of banking and economic cycles, the theory of dynamic efficiency and the history of economic thought.

Table of contents

• Cover Page
• Half-Title Page
• Title Page
• Copyright Page
• Dedication Page
• Contents
• List of figures and tables
• Acknowledgments
• 1 The deadliest virus
• 2 Economic effects of pandemics: An Austrian analysis
• 3 The Japanization of the European Union
• 4 Anti-deflationist paranoia
• 5 In defense of the euro: An Austrian perspective: With a critique of the errors of the ECB and the interventionism of Brussels
• 6 Economic recessions, banking reform and the future of capitalism
• 7 Additional reflections on the economic crisis and the theory of the cycle
• 8 A critical note on the proposal for the reform of the international accounting standards
• 9 The fatal error of Solvency II
• 10 Classical liberalism versus anarchocapitalism
• 11 Anarchy, God and Pope Francis
• 12 The fundamentals of classical liberalism
• 13 Austrians versus market socialists
• 14 Planned economy and entrepreneurial function
• 15 A theory of libertarian nationalism
• 16 ‘Lincoln and the (European) Union’ (with a critique of the so-called ‘liquidity principle’)
• 17 Civilization, the market, and the moral order
• 18 The essence of the Austrian School and the concept of dynamic efficiency
• 19 The economic thought in ancient Greece
• 20 The Austrian School and the Spanish scholastics: Lessons for today and the future
• 21 The influence of Mises’s Human Action and Hayek’s The Constitution of Liberty on the development of Spanish economic and political thought
• 22 A review of Richard Cantillon’s Essai sur la nature du commerce en général
• 23 A review of Jörg Guido Hülsmann’s book, Mises: The Last Knight of Liberalism
• 24 A review of the book Salazar: The dictator who refused to die by Tom Gallagher
• 25 A review of the book Benedict XVI: A life, by Peter Seewald
• 26 A brief autobiographical essay
• Index