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Essential to Mises's concept of a classical liberal economy is the absence of interference by the state. In World War I, Germany and its allies were overpowered

A unique insight into the interaction between the state, financiers and entrepreneurs in the modern innovation economy.

The American economy has provided a level of well-being that has consistently ranked at or near the top of the international ladder. A key source of this succes

German ordoliberalism originated at the end of the Weimar Republic (1918-1933) in a context of hyper-inflation, depression, mass unemployment and social unrest.