The French version of Mises’s The Disintegration of the International Division of Labour.
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.
The crucial difference between physical “capital goods” and “capital” as an accounting concept, and how profit and loss, private property, and economic calculation steer production toward what consumers actually want.
How the Industrial Revolution and foreign investment made some nations rich while others stayed poor, closing with Mises’s defense of capitalism.
The two great confusions about money and interest, from Aristotle’s “money cannot beget money” to modern credit expansion, and how monetary manipulation by banks and governments produces inflation and the business cycle.
Les Illusions du Protectionnisme et de l`Autarcie, Librairie de Médicis (Paris, 1938). Spanish translation: “Las Illusiones del Proteccionismo y de la Autarquía.” Investigación Económica .(Escuela Nacional de Economía, Universidad Nacional Autónoma de México). 2:1 (First Quarter, 1942). 28-54. Reprinted in Money, Method, and the Market Process. “The Disintegration of the International Division of Labour.” The World Crisis by the Professors of the Graduate Institute of International Studies. London, New York and Toronto: Longmans, Green.(1938) pp. 245-74.
