Die Entwicklung des gutsherrlich-bäuerlichen Verhältnisses in Galizien: 1772–1848;

Ludwig von Mises

The Development of the Relationship between Peasant and Lord of the Manor in Galicia: 1772-1848.

Die Entwicklung des gutsherrlich-bäuerlichen Verhältnisses in Galizien by Mises

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Ludwig von Mises
Ludwig von Mises

Ludwig von Mises was the acknowledged leader of the Austrian school of economic thought, a prodigious originator in economic theory, and a prolific author. Mises’s writings and lectures encompassed economic theory, history, epistemology, government, and political philosophy. His contributions to economic theory include important clarifications on the quantity theory of money, the theory of the trade cycle, the integration of monetary theory with economic theory in general, and a demonstration that socialism must fail because it cannot solve the problem of economic calculation. Mises was the first scholar to recognize that economics is part of a larger science in human action, a science that he called praxeology.

Mises Daily Ludwig von Mises
There is only one way that leads to an improvement of the standard of living for the wage-earning masses, viz., the increase in the amount of capital invested. All other methods, however popular they may be, are not only futile, but are actually detrimental to the well-being of those they allegedly want to benefit.
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References

The Development of the Relationship between Peasant and Lord of the Manor in Galicia: 1772-1848. Series: Wiener Staatswissenschaftliche Studien. 4:2). No English translation available. Vienna & Leipzig: Franz Deuticke, 1902.