jimmysong on Nostr: A word you should know: Volkswirtschaft As defined in Mises's Human Action: The ...
A word you should know: Volkswirtschaft
As defined in Mises's Human Action:
The Volkswirtschaft is a sovereign nation's total complex of economic activities directed and controlled by the government.
It's essentially a way to talk about the degree of economic authoritarianism a given government has.
As defined in Mises's Human Action:
The Volkswirtschaft is a sovereign nation's total complex of economic activities directed and controlled by the government.
It's essentially a way to talk about the degree of economic authoritarianism a given government has.