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Written between 1940 and 1941, shortly after he arrived in the United States, Notes and Recollections is in effect Mises’s pre-1940 intellectual autobiography. This work reveals how Mises developed his theories, wrote his books, lectured, and taught; it describes his life in Vienna and the people with whom he worked. He also discusses his

Ludwig von Mises’s Socialism is the most important critical examination of socialism ever written. Socialism is most famous for Mises’s penetrating economic calculation argument. The book contains much more however. Mises not only shows the impossibility of socialism: he defends capitalism against the main arguments socialists and other critics

Ludwig von Mises, “The Economist Eugen v. Böhm-Bawerk,” trans. Karl-Friedrich Israel, Quarterly Journal of Austrian Economics 19, no. 2 (Summer 2016): 169–72 Quarterly Journal of Austrian Economics 19, no. 2 (Summer 2016) “On the Occasion of the Tenth Anniversary of His Death” [ Translator’s Note: A transcript of the German language original

This essay offers something spectacular: an intellectual history of Mises’s own tradition, with first person accounts of conversations with the greats. And truly, Mises turns out to have written the best single account of the origin and early growth of the Austrian School. Mises discusses the intellectual milieu in which the Austrian School began,

[In 1931, the International Rotary held its annual convention in Vienna, Austria. For the meeting, Rotary issued a tabloid. It contained information about Rotary’s agenda for that convention, its international activities, and articles by Rotary members in Vienna. One of these short articles was “by Rotarian Dr. Ludwig Mises, professor at the

[Chapter 11 from Human Action .] 1. The Gradation of the Means 2. The Barter-Fiction of the Elementary Theory of Value and Prices 3. The Problem of Economic Calculation 4. Economic Calculation and the Market 1. The Gradation of the Means Acting man transfers the valuation of ends he aims at to the means. Other things being equal, he assigns to the

[Excerpt from  Epistemological Problems of Economics , chap. 1] The reproach of individualism is commonly leveled against economics on the basis of an alleged irreconcilable conflict between the interests of society and those of the individual. Classical and subjectivist economics, it is said, give an undue priority to the interests of the

Mises, Ludwig von. The Free Market and Its Enemies . Foundation for Economic Education, 2004. Among the great books of mankind are the immortal writings by the Greek philosopher Plato. The Republic and The Laws , written 2300 to 2400 years ago, dealt not only with philosophy, the theory of knowledge, epistemology, but also with social

Mises, Ludwig von. The Free Market and Its Enemies . Foundation for Economic Education, 2004. In the English language, the word “science” is usually applied only to the natural sciences. There is no doubt that there are fundamental differences between the natural sciences and the science of human action, sometimes called social science or

Mises, Ludwig von. The Free Market and Its Enemies . Foundation for Economic Education, 2004. People generally believe that economics is of interest only to businessmen, bankers, and the like and that there is a separate economics for every group, segment of society, or country. As economics is the latest science to have been developed, it is no