Wednesday, 14 February 2007

The Vampire Economy

From 1939 comes an on-the-spot account of "how the Nazis crushed the private sector and hamstrung the economy with vast regulations, violations of property rights, inflation, price controls, and taxes..." So much, so familiar for a modern-day reader. The book is now available as a free PDF, and also as a print on demand book, thanks to the Mises Institute.

The book, The Vampire Economy: Doing Business Under Fascism contains a fascinating diagram (reproduced below) describing the process whereby simple purchases were made in this complex regulatory maze. Anyone familiar with New Zealand's Resource Consent process will feel quite familiar with it.

LINK: The Vampire Economy: Guenter Reiman - Mises Economics Blog
Cue Card Libertarianism - Fascism - Not PC
Nazism = socialism = totalitarianism - Not PC

RELATED: Politics, History-Twentieth Century, Economics

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