Ludwig von Mises

Ludwig von Mises was born in 1881 in Lemberg, in Austria-Hungary, now Lviv in Ukraine, into an Austrian-Jewish family. He studied law and economics at the University of Vienna, where he was influenced by Carl Menger's Principles of Economics and attended the lectures of Eugen von Böhm-Bawerk. His book The Theory of Money and Credit appeared in 1912. He served as an artillery officer in the First World War and then worked for many years as an economist for the Vienna Chamber of Commerce, while teaching a famous private seminar. In Socialism (1922) he argued that without market prices a socialist economy could not calculate costs rationally. He also wrote Liberalism (1927). In 1934 he moved to Geneva to teach, and in 1940, fearing the Nazis, he emigrated to the United States, where he published Bureaucracy and Omnipotent Government (1944) and his major work, Human Action (1949). He taught at New York University from 1945 until 1969, influencing a new generation of free-market economists. He died in New York City in 1973.

Ludwig von Mises is also an author in the library: author page and works.

Faith: Born into an Austrian-Jewish family; his personal beliefs are not well documented. Source: Wikipedia

See also: Carl Menger · Eugen von Böhm-Bawerk · Murray Rothbard