Ludwig von Mises publishes Human Action: A Treatise on Economics, arguing that the free-market is not only superior to the most intricate government planning but also the very basis of a free and just society; economies grow best when individuals are allowed make economic decisions primarily based on self-interest and not in response to external stimuli.
[added 8/29/2022]
Subsequent Events:
Authority:
Article I of Amendment
ccc-2point0.com/constitution-for-the-united-states
References:
Richard Ebeling, “Ludwig von Mises’ Human Action: A 50th Anniversary Appreciation” The Freeman, 49 (September 1999): 32.
Human Action: The Scholars Edition – Human Action_3.pdf
cdn.mises.org/Human%20Action_3.pdf