Abstract: What this paper attempts to demonstrate is that, in his treatise Liberalism, Mises’s defense of liberty is incomplete because his reasoning in favor of liberty for all is–not of a moral, but–exclusively of an economic kind. Without a moral justification, Mises’s defense–once the aim of productivity has been abandoned–is forced to affirm with cold indifference that a society of slaves is no better or worse than one of free men. There exists a more comprehensive defense.
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