Defense, Controls, and Inflation.pdf - The Ludwig von Mises Institute

FOREWORDTHE current mobilization program raises issues which are ofobvious importance to law and economics. These issuesconcern the effectiveness of alternative measures to achieve economicmobilization as well as the influence of these measureson the more permanent objectives of public policy.The conference held at White Sulphur Springs, West Virginia,on April 5-8, 1951, was planned to achieve a discussionof these issues: and to clarify the areas of agreement and difference.It was sponsored by the University of Chicago LawSchool. The following committee was in charge of the conference:Walter J. Blum, Milton Friedman, Wilber G. Katz, EdwardH. Levi, W. Allen Wallis, and Aaron Director, chairman.I am indebted to Mr. Ward S. Bowman and Mr. Harry Kalven,Jr., of the Law School staff, and Mr. Milton Friedman, ofthe Department of Economics, for their considerable assistancein preparing the Introduction.The University of Chicago Law School is grateful to the WilliamVolker Fund of Kansas City for a grant to cover the expensesof the conference and for further financial assistancetoward publication of the transcript.UNIVERSITY OF CHICAGO LAW SCHOOLAARON DIRECTORv