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The Life and Works of Ludwig von Mises
- Article from:
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The Independent Review
- Article date:
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July 1, 2008
- Author:
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Copyright informationCopyright Independent Institute Summer 2008. Provided by ProQuest LLC. (Hide copyright information)
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Ludwig von Mises (1881-1973) was one of the most important economists of the twentieth century. Even if he had made no other contribution over a professional lifetime that spanned seven decades, his place in the history of economic ideas would be assured by his devastating analysis of why socialist central planning is inherently "impossible." Besides this achievement, however, he also formulated a monetary theory of the business cycle that at one point in the 1930s rivaled even the emerging Keynesian Revolution for attention.
In addition, Mises was a leading contributor to the philosophy of the social sciences, building on the legacy of the classical economists, the early Austrian school, ...
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