Ludwig von Mises (1881-1973)
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Ludwig von Mises (1881-1973) is a person.
- Example(s):
- Counter-Example(s):
- Friedrich Hayek, ...
- Oskar Morgenstern, whose theories on socialism and communism are in direct opposition to Mises' critiques of socialism and advocacy for capitalism.
- Milton Friedman, who, while supporting free markets like Mises.
- See: Austrian Economics, Laissez-faire, Libertarianism, Marginal Utility, Praxeology, Subjectivism.
References
2024
- (Wikipedia, 2024) ⇒ https://en.wikipedia.org/wiki/Ludwig_von_Mises Retrieved:2024-7-19.
- Ludwig Heinrich Edler von Mises (; 29 September 1881 – 10 October 1973) was an Austrian–American Austrian School economist, historian, logician, and sociologist. Mises wrote and lectured extensively on the societal contributions of classical liberalism and the power of consumers.[1] He is best known for his work on praxeology studies comparing communism and capitalism. Mises emigrated from Austria to the United States in 1940. Since the mid-20th century, libertarian movements have been strongly influenced by Mises's writings. Mises' student Friedrich Hayek viewed Mises as one of the major figures in the revival of classical liberalism in the post-war era. Hayek's work "The Transmission of the Ideals of Freedom" (1951) pays high tribute to the influence of Mises in the 20th-century libertarian movement. Mises's Private Seminar was a leading group of economists. Many of its alumni, including Friedrich Hayek and Oskar Morgenstern, emigrated from Austria to the United States and Great Britain. Mises has been described as having approximately seventy close students in Austria. [2]
<reference
Political Economy, Philosophy of Science.
References
2024
- (Wikipedia, 2024) ⇒ https://en.wikipedia.org/wiki/Ludwig_von_Mises Retrieved:2024-7-19.
- Ludwig Heinrich Edler von Mises (; 29 September 1881 – 10 October 1973) was an Austrian–American Austrian School economist, historian, logician, and sociologist. Mises wrote and lectured extensively on the societal contributions of classical liberalism and the power of consumers.[1] He is best known for his work on praxeology studies comparing communism and capitalism. Mises emigrated from Austria to the United States in 1940. Since the mid-20th century, libertarian movements have been strongly influenced by Mises's writings. Mises' student Friedrich Hayek viewed Mises as one of the major figures in the revival of classical liberalism in the post-war era. Hayek's work "The Transmission of the Ideals of Freedom" (1951) pays high tribute to the influence of Mises in the 20th-century libertarian movement. Mises's Private Seminar was a leading group of economists. Many of its alumni, including Friedrich Hayek and Oskar Morgenstern, emigrated from Austria to the United States and Great Britain. Mises has been described as having approximately seventy close students in Austria. [3]
- ↑ Jump up to: 1.0 1.1 Cite error: Invalid
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- ↑ Beller, Steven (1989). Vienna and the Jews, 1867–1938: A Cultural History. Cambridge University Press.
- ↑ Beller, Steven (1989). Vienna and the Jews, 1867–1938: A Cultural History. Cambridge University Press.
1949
- (von Mises, 1949) ⇒ Ludwig von Mises. (1949). "Human Action: A Treatise on Economics." In: Yale University Press.
- NOTES:
- It presents praxeology as the basis for understanding economic actions and interactions.
- It argues for the superiority of a free-market economy over centrally planned economies.
- It emphasizes the role of individual choice and subjective value in economic theory.
- NOTES:
1944
- (von Mises, 1944) ⇒ Ludwig von Mises. (1944). "Bureaucracy." In: Yale University Press.
- NOTES:
- It contrasts bureaucratic management with profit-driven management, highlighting the inefficiencies of the former.
- It argues that bureaucracies are necessary for certain public services but should be limited in scope.
- It emphasizes that entrepreneurial management leads to more innovation and efficient resource allocation.
- NOTES:
1922
- (von Mises, 1922) ⇒ Ludwig von Mises. (1922). "Socialism: An Economic and Sociological Analysis." In: Jonathan Cape.
- NOTES:
- It critiques socialism by arguing that it lacks an effective economic calculation method.
- It explores the social and economic impacts of abolishing private property.
- It asserts that socialism is inherently unworkable and leads to economic inefficiency and societal breakdown.
- NOTES: