Front Matter

Economy, Society, and History

Th e Mises Institute dedicates this volume to all of its generous Supportersand wishes to thank these in particular:Benefactors

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Mr. and Mrs. David P. Abernathy, Lubor Adamek, Mr. and Mrs. J. Ryan AlfordTh omas Balmer, Dr. John Bartel, J. Duncan Berry PhD, Heinz BitterliSamuel Blackman, Herbert Borbe, Dr. Carlo Alberto Bosello, Matthew BowlerRoman J. Bowser, James Bradley, Bryan Lee BriggsJohn L. Buttolph, III, in memory of Murray N. Rothbard, Prof. Paul CantorDavid Capshaw, Dr. Andrew Carver, Christopher P. Casey, Jonathan CoeJean-Sylvain Cousin, Carl S. Creager, Helen B. Davis, Michael DeVinney, Paul J. DietrichJ. Richard Duke, Dr. Dan Eisenberg, Trent Emberson, Eric Englund, Jason H. FaneAna Catarina Ferreira da Silva, Julian Fondren, David FranceschiMr. and Mrs. David Fusato, Randy Gann, Dietmar Georg, Christopher GeorgacasDr. Dennis P. Gilman, in memory of Chesley and Lydia GilmanAllen Gindler, in memory of my mother, Svetlana Glembocki, Dean GloverKevin P. Hamilton, in honor of those who still fi ght for Individual LibertyCharles F. Hanes, Adam W. Hogan, Greg E. Hood, Terry Hulsey, Luis Felipe Karam LudertDr. John A. Kasch, Franklin Keller, Dr. Matthias G. Kelm, Bernard and Joan KoetherRichard J. Kossmann, MD, Ganesh Kumar, Lemuel and Karul Lasher, Jeff LeskovarDr. Antonio A. Lloréns-Rivera, David L. March, Alexander Markesinis, Joseph H. MatareseHerbert H. McAdams III, Paul McAvinney, Mark McGrath, Michael MerrimanMark A. Monoscalco, Dr. Robert Montgomery, Martin Moško, Brandon MuellerAllen Pegues, Jaan Pillesaar, Mr. and Mrs. Oscar Porcelli, Scott RichardsonJorge F. Roca Arteta, Patrick Rosenwald, Th omas S. Ross, Dr. and Mrs. Murray SabrinNicholas Sallnow-Smith, Dr. John H. Scacchia, Dr. William Seeger, Robert Seff rinBrandon Shavers, Henri Etel Skinner, Petr Smidrkal, Keith and Darla SmithCarlton M. Smith, Dr. James Speights, Mr. and Mrs. Michael Stack, Richard L. SteesDirck W. Storm, Zachary L. Tatum, Omar Torres, Th omas E. Verkuilen, Alexander VossMr. and Mrs. James P. Walker, Mr. and Mrs. Donald F. WarmbierDr. Wayne Whitmore, Mr. and Mrs. Jerry WynensEconomy, Society,

and History

HANS-HERMANN HOPPE

MI S E SIN S T I T U T E

AUBURN, ALABAMAPublished 2021 by the Mises InstituteTh is work is licensed under a Creative Commons Attribution 4.0 International License (CC BY 4.0). http://creativecommons.org/licenses/by/4.0/

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ISBN: 978-1-61016-733-8

Contents

Foreword . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . viiPreface . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . xiiiLecture 1: Th e Nature of Man and the Human Condition:Language, Property, and Production . . . . . . . . . . . . . . . . . . . . 1

Lecture 2 : Th e Spread of Humans around the World:Th e Extension and Intensifi cation of the Division of Labor . . 17

Lecture 3 : Money and Monetary Integration:Th e Growth of Cities and the Globalization of Trade . . . . . . . 35

Lecture 4 : Time Preference, Capital, Technology, andEconomic Growth . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 53

Lecture 5 : Th e Wealth of Nations: Ideology, Religion,Biology, and Environment . . . . . . . . . . . . . . . . . . . . . . . . . . 73

Lecture 6: Th e Production of Law and Order, Natural Order,Feudalism, and Federalism . . . . . . . . . . . . . . . . . . . . . . . . . 101

Lecture 7: Parasitism and the Origin of the State . . . . . . . . . . . . . . . . 115

Lecture 8 : From Monarchy to Democracy . . . . . . . . . . . . . . . . . . . . . 133

Lecture 9 : State, War, and Imperialism . . . . . . . . . . . . . . . . . . . . . . . . 151

Lecture 10 : Strategy, Secession, Privatization, and the Prospectsof Liberty . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 173

Index . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 183v