Selected Writings of LVM, vol 2: Between the Two World Wars

Ludwig von Mises

The life and work of Ludwig von Mises is marked by the appearances of large treatises, on topics from money to methodology. But along the way, he also wrote many shorter articles and essays. The essays collected in this volume are from the interwar period, when Mises was working for the Vienna Chamber of Commerce. They concern monetary policy, fiscal policy, the boom and bust cycle, trade, economic calculation, socialism, and the history of ideas.

Some of the essays have never before appeared in print, and only surfaced with the discovery of Mises’s personal papers, which had landed in Moscow after World War II. This volume is beautifully produced and printed, with outstanding editorial work by Richard Ebeling. A special bonus is a Soviet-sponsored attack on Mises, appearing in a Soviet journal, and published here for the first time.

 

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Meet the Author
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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