The Disinterventionist Spiral

Philipp Bagus

A chapter in The Emergence of a Tradition: Essays in Honor of Jesús Huerta de Soto, Volume I, 2023, pp 35-45 from Springer

Abstract: Abstract While the functioning of the interventionist spiral is well known to the Austrian economist, the opposite way is less well studied. In this chapter I employ Mises’ theory of interventionism to develop a theory of de-interventionism, a theory of de-spiraling. First, I critically discuss Mises’ theory of interventionism and how Mises modified it over time. Second, I outline a theory of de-interventionism. Third, I illustrate this theory with the specific example of a reform of the pension system. Lastly, I conclude with some implications for libertarian reformers. When interferences are abolished, there arise new tensions with still existing interventions. Libertarian reforms should be all-encompassing and bold to be successful.

Keywords: Interventionism; Reform; De-interventionism; Interventionist spiral; Button pushing (search for similar items in EconPapers)
Date: 2023
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-17414-8_4

Ordering information: This item can be ordered from
http://www.springer.com/9783031174148

DOI: 10.1007/978-3-031-17414-8_4

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().