Mises, Ludwig von

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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.

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References in periodicals archive ?
Mises, Ludwig von, 1990, Economic Calculation in the Socialist Commonwealth, Auburn, Ala.
Schlarbaum Prize for Lifetime Achievement in Liberty in the Tradition of Ludwig von Mises, Ludwig von Mises Institute (2007); and Doctor en Ciencias Sociales (honoris causa), Universidad Francisco Marroquin, Guatemala (2011).
LUDWIG VON MISES, Ludwig von Mises (1881-1973) was author of Human Action: A Treatise on Economics (New Haven, Conn.