Thanks in no small measure to the life and work of Ludwig von Mises, we can realistically hope and expect that mankind will choose the path of life, liberty, and progress and will at last turn decisively away from death and despotism.
Making Economic Sense, Mises Institute, 1985, pp. 209-210
The purpose of this essay is to discuss and celebrate the life and work of one of the great creative minds of our century. Ludwig von Mises was born on September 29, 1881, in the city of Lemberg (now Lvov), in Galicia, in the Austro-Hungarian Empire. His father, Arthur Edler von Mises, a Viennese construction engineer working for the Austrian railroads, was stationed in Lemberg at the time. Ludwig’s mother, Adele Landau, also came from a prominent family in Vienna: her uncle, Dr. Joachim Landau, was a deputy from the Liberal Party in the Austrian Parliament.
This article appeared in the Libertarian Review, April 1978, pp. 37–38.
Protectionism, often refuted and seemingly abandoned, has returned, and with a vengeance. The Japanese, who bounced back from grievous losses in World War II to astound the world by producing innovative, high quality products at low prices, are serving as the convenient butt of protectionist propaganda. Is this “flood” of Japanese products really a menace, to be combated by the U.S. government? Or is the new Japan a godsend to American consumers?
Economists have long believed that government’s tax and expenditure policy either is, or can readily be made to be, neutral to the market. Free-market economists have advocated such neutrality of government, and even economists favoring redistributive actions by government have believed that the service activities and the redistributive activities of government can easily be distinguished, at least in concept.
Ludwig von Mises’ The Theory of Money and Credit is, quite simply, one of the outstanding contributions to economic thought in the twentieth century. It came as the culmination and fulfillment of the “Austrian School” of economics, and yet, in so doing, founded a new school of thought of its own.
Jeff Tucker Burke.PDF Acrobat PDFWriter 4.05 for Windows NT Capitalism
[From New Directions in Austrian Economics, edited with an introduction by Louis M. Spadaro (Kansas City: Sheed Andrews and McMeel [1978]), pp. 143–56) and The Logic of Action I: Method, Money, the the Austrian School (Cheltenham, UK: Edward Elgar and Auburn, Ala.: Mises Institute, 1997), chap. 16, pp. 337–49.]
