Mises, Ludwig von

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The following article is from The Great Soviet Encyclopedia (1979). It might be outdated or ideologically biased.

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.

The Great Soviet Encyclopedia, 3rd Edition (1970-1979). © 2010 The Gale Group, Inc. All rights reserved.
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References in periodicals archive ?
Mises, Ludwig von (1980), The Theory of Money and Credit, Liberty Classics, Indianapolis.
Mises, Ludwig von (1981), Epistemological Problems of Economics, New York University, Nueva York.
Mises, Ludwig von, 1998, Human Action, Auburn, Ala., Ludwig von Mises Institute.
Mises, Ludwig von (1953) [1912], The Theory of Money and Credit, New Haven, Conn: Yale University Press.
Mises, Ludwig von. 2010a Omnipotent Government: The Rise of Total State and Total War.
"Introduction to the Third Edition: From Value Theory to Praxeology" In Mises, Ludwig von., Epistemological Problems of Economics.