Ludwig von Mises

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Mises, Ludwig von

 

Born Sept. 29, 1881, in L’vov. American economist.

Mises graduated from the University of Vienna in 1906, where he was a professor from 1913 to 1938. During 1938–40 he worked in Switzerland; he moved to the United States in 1940, and in 1945 became a professor at New York University.

In works such as Socialism (1951) and The Anticapitalist Psychosis (1956), Mises emerges as an apologist for capitalism, proclaiming it to be a system that corresponds to human nature. An advocate of unrestricted freedom of competition, Mises rejects any attempts at government interference in the economy, taking the view that such interference disrupts the natural process of economic development. Many of Mises’ propositions are severely criticized even by bourgeois economists.

References in periodicals archive ?
In the final decision, the faculty put Mayer first on the list, followed by Alfred Amonn and Ludwig Mises as distant second and third.
One might note that Mayer's was the more difficult task because the younger Austrians were possibly more varied in their approaches; furthermore, some were loyal to their extramural mentor Ludwig Mises, with whom Mayer's relations were always strained.
He neglects Nassau Senior, John Cairnes, Carl Menger, and Ludwig Mises.