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Should economists curb their rhetoric and prescriptions based on "political realities"? Should anyone attempt to conceal the truth about state intervention for fear of not fitting into the existing political culture?
Many people answer yes to both questions, on grounds that taking a hard-core position in favor of freedom threatens to make one "irrelevant" or discredit the message.
W.H. Hutt is one of the few economists who addressed these strategic questions directly. As one of the most eminent economists of the 20th century, and a colleague and friend of Mises's, he was very qualified to do so. The result is this monograph, which, though long out of print, ought to be considered a classic of economic literature.
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