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Ludwig von Mises's Letter to Rand on Atlas Shrugged

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12/07/2007Ludwig von MisesGeorge Reisman

Thanks to George Reisman for sharing this interesting letter with the Institute.

Authors:

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.

George Reisman

George Reisman, Ph.D., is Pepperdine University Professor Emeritus of Economics and the author of Capitalism: A Treatise on Economics (Ottawa, Illinois: Jameson Books, 1996; Kindle Edition, 2012). See his Amazon.com author's page for additional titles by him. His website is Capitalism.net and his blog is GeorgeReismansBlog.blogspot.com

References

Private letter to Rand, January 23, 1958.

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