About this book
Eugen von Böhm-Bawerk's "Macht oder ökonomisches Gesetz?" presents a thought-provoking exploration of whether economic laws apply uniformly to states and their institutions, or whether political power operates beyond economic constraints. As a co-founder of the Austrian School of economics, Böhm-Bawerk was uniquely positioned to challenge conventional thinking about the relationship between economics and governance.
Originally published in the Journal for Political Economy, Social Policy and Administration, this seminal work examines the fundamental tension between economic principles and state authority. Böhm-Bawerk argues that economic forces follow immutable laws regardless of political will, offering insights that remain strikingly relevant to contemporary debates about government intervention, market regulation, and fiscal policy.
Through rigorous economic analysis, Böhm-Bawerk demonstrates how attempts to circumvent natural economic laws through state power ultimately prove futile and costly. His arguments provide essential context for understanding classical liberal economic thought and the philosophical foundations of free-market economics.
This audiobook is essential listening for economics students, policy makers, historians of economic thought, and anyone interested in understanding the enduring debates between state control and market forces. Böhm-Bawerk's measured yet compelling prose makes complex economic theory accessible while challenging listeners to reconsider assumptions about political and economic power.
