Born in Barcelona, Ballvé trained first as a lawyer, took his doctorate in Madrid, and then proceeded for further study first to Berlin and then to London. It was in England that, with a seasoned juristic background, he first specialized in the study of economics. He is the author of Essentials of Economics (1963).
Ludwig von Mises: "In the capitalist society there is a place and bread for all. Its ability to expand provides sustenance for every worker. Permanent unemployment is not a feature of free capitalism." - Socialism