A lesson in interventionism in Iraq The great Austrian economist Ludwig von Mises pointed out that one government intervention inevitably produces a crisis, which then causes government officials to enact a new intervention to address the crisis. The new intervention, however, produces a new crisis, which then necessitates a new intervention. With each new intervention, the government’s power continues to grow. While Mises was referring to economic intervention, the principle applies in other areas. Good examples are the drug war, immigration controls, healthcare, and education, all areas that are characterized by a perpetual series of crises and interventions. The principle also applies to foreign policy. (11/12/14)
Posted on: Wed, 12 Nov 2014 18:20:14 +0000
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