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Die Gemeinwirtschaft

Die Gemeinwirtschaft by Ludwig von Mises

Tags Calculation and KnowledgeOther Schools of Thought

11/01/1932Ludwig von Mises

Mises's book Socialism might be the bravest and most revolutionary book of the 20th century. Here is the 1932 second edition of the German original.


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.


Jena: Verlag von Gustav Fischer, 1932 (2nd edition of Socialism in German)