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Chapter 7 Facsim and Chapter 8 Nazism:

An informed and interesting first-hand view by Von Mises on what Facism and Nazism is. they are not really synonymous. Though the NAZI party promoted fascism, that was more of a compromise. They were devote Socialists. And as we described earlier in CHapter three, those are the same.


Ludwig von Mises was an Austrian Economist who emigrated to the United States in an effort to get out from under the NAZI rule in Third Reich Germany. Educated in the Austrian Economics School. He has been made a hero of the Libertarian Party Mises Caucus that bears his name.

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Ludwig von Mises

Recommended Reading:
“Planned Chaos"