Translator’s Note

The goal of this translation is accurately to convey the content of its original German counterpart, as well as the breezy style of its unmistakably Austrian authors. Word choice was of prime consideration throughout, followed by clear English syntax and contemporary idiomatic usage. The book contains many citations from German works never before translated. All passages falling into this category have been rendered in English for the first time in this edition.

The translator wishes to thank Douglas French and Jeffrey Tucker of the Mises Institute for bringing this important project to her attention; Nathalie Charron Marcus for countless hours of tracking down details; and Robert Grözinger, whose preliminary translation proved helpful throughout.

Auburn, Alabama
February 5, 2011