Hazlitt continues: But when Schacht and his surviving comrades - TopicsExpress

Hazlitt continues: But when Schacht and his surviving comrades survey the world today, they must feel consoled. Intellectually Schachtism has conquered Europe. The system of price control, wage control, profit control, interest control, exchange control, foreign-trade control, bilateral treaties, rations, priorities, allocations, quotas, with a special license required for almost every more, and with a mounting currency inflation hidden and repressed by these devices – this is Schachtism. And this is the system which nearly every country in Europe has now embraced. bastiat.mises.org/2014/01/hitlers-economics-why-you-should-know-a-thing-or-two-about-them/

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