William Faulkner (1897–1962) was the third American to receive the Nobel Prize in literature. This was in 1949 and came after many years of novel writing, beginning with "The Marble Faun" in 1924. Most of Faulkner's works are set in his native state of Mississippi. He is considered one of the most important Southern writers along with Mark Twain, Robert Penn Warren, Flannery O'Connor, Truman Capote, Eudora Welty, and Tennessee Williams.
Ludwig von Mises: "Monetary calculation and cost accounting constitute the most important intellectual tool of the capitalist entrepreneur, and it was no one less than Goethe who pronounced the system of double-entry bookkeeping one of the finest inventions of the human mind." - Liberalism