Encyclopedia of Law and Economics

Living Edition
| Editors: Alain Marciano, Giovanni Battista Ramello

Mises, Ludwig von

  • Karl-Friedrich Israel
Living reference work entry
DOI: https://doi.org/10.1007/978-1-4614-7883-6_513-1


Ludwig Heinrich Edler von Mises (September 29, 1881, in Lemberg – October 10, 1973, in New York City) was a classical liberal philosopher, sociologist, and one of the most influential adherents to the Austrian school of economics. He made major contributions to the epistemology of the social sciences and to many areas of general economics, especially the fields of value theory, monetary theory, and business cycle theory. In his habilitation thesis of 1912, The Theory of Money and Credit, he laid down the foundations of what would later become Austrian business cycle theory. The whole body of Misesian economics which is based on praxeology, the rational investigation of human decision making, is comprised in his 1949 Human Action: A Treatise on Economics. Among his disciples were such noteworthy economists as Friedrich August von Hayek (1899–1992) and Murray N. Rothbard (1926–1995).


Business Cycle Austrian Economic Business Cycle Theory Austrian Business Cycle Theory Monetary Theory 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.
This is a preview of subscription content, log in to check access.


  1. Bagus P (2013) Mises’ Staats- und Interventionismuskritik, published in Ludwig von Mises – Leben und Werk für Einsteiger, FinanzbuchverlagGoogle Scholar
  2. Block W (1996) Hayek’s road to Serfdom. J Libert Stud 12(2):339–365. Available online http://mises.org/journals/jls/12_2/12_2_6.pdf
  3. Ebeling R (1997) Mission to moscow: the lost papers of Ludwig von Mises. Liberty Magazine 10(5). A presentation by R. Ebeling at Universidad Francisco Marroquín is available online: http://newmedia.ufm.edu/gsm/index.php/Mission_to_Moscow:_Discovering_the_%22Lost_Papers%22_of_Ludwig_von_Mises,_and_their_significance
  4. Hazlitt H (1956) Two of Ludwig von Mises’ most important works. In: Sennholz M (ed) On freedom and free enterprise – essays in honor of Ludwig von Mises. D. Van Nostrand. Available online http://mises.org/document/3327/On-Freedom-and-Free-Enterprise-Essays-in-Honor-of-Ludwig-von-Mises
  5. Helfferich K (1903) Das Geld, 1th edn. Hirschfeld, LeipzigGoogle Scholar
  6. Hoppe H-H (2013) Ludwig von Mises und der Liberalismus, republished in Ludwig von Mises – Leben und Werk für Einsteiger, FinanzbuchverlagGoogle Scholar
  7. Hülsmann J-G (2007) Mises – the last knight of liberalism. Ludwig von Mises Institute, Alabama. Available online http://mises.org/document/3295/Mises-The-Last-Knight-of-Liberalism; for a presentation by the author see http://www.youtube.com/watch?v=h9BgKL5kX4U
  8. Hülsmann J-G (ed) (2012) Theory of money and fiduciary media. Ludwig von Mises Institute, Alabama. Available online http://mises.org/document/7018/Theory-of-Money-and-Fiduciary-Media
  9. Hülsmann J-G (2013) Mises’ Geldtheorie, published in Ludwig von Mises – Leben und Werk für Einsteiger, FinanzbuchverlagGoogle Scholar
  10. Menger C (1871) Grundsätze der Volkswirtschaftslehre, Wilhelm Braumüller – k.k. Hof- und Universitätsbuchhändler. Available online http://docs.mises.de/Menger/Menger_Grundsaetze.pdf; for the English translation see http://mises.org/document/595/Principles-of-Economics
  11. Rothbard MN (1985) Preface to theory and history by Ludwig von Mises. Ludwig von Mises Institute, AlabamaGoogle Scholar
  12. Rothbard MN (1988) The essential von Mises. Ludwig von Mises Institute, Alabama. Available online http://mises.org/document/3081/The-Essential-von-Mises
  13. Rothbard MN (2003) The ethics of liberty. New York University Press, New York and LondonGoogle Scholar
  14. von Böhm-Bawerk E (1890) Capital and interest. Macmillan, London/New York. Available online http://mises.org/document/164/Capital-and-Interest; for the German original see https://archive.org/details/kapitalundkapita01bh
  15. von Hayek FA (1981) Foreword to socialism: an economic and sociological analysis. Liberty Fund, IndianapolisGoogle Scholar
  16. von Hayek FA (2005) The road to Serfdom with the intellectuals and socialism. Institute for Economic Affairs. Available online http://mises.org/document/2402/The-Road-to-Serfdom
  17. von Mises L (1912) Theorie des Geldes und der Umlaufsmittel. Verlag von Duncker und Humblot, München/Leipzig. Available online http://mises.org/document/3298/Theorie-des-geldes-und-der-Umlaufsmittel; for the English edition see http://mises.org/document/194/The-Theory-of-Money-and-Credit
  18. von Mises L (1919) Nation, Staat und Wirtschaft. Beiträge zur Politik und Geschichte der Zeit. Manzsche Verlags- und Universitäts-Buchhandlung, Vienna/Leipzig; eager as nation, state, and economy (trans: Leland B). New York University Press, New York (1983). Available online http://mises.org/document/1085/Nation-State-and-Economy
  19. von Mises L (1944a) Bureaucracy. Yale University Press, New Haven. Available online http://mises.org/document/875/Bureaucracy
  20. von Mises L (1944b) Omnipotent government: the rise of the total state and total war. Yale University Press, New Haven. Available online http://mises.org/document/5829/Omnipotent-Government-The-Rise-of-the-Total-State-and-Total-War
  21. von Mises L (1951) Socialism – an economic and sociological analysis. Yale University Press, New Haven. Available online http://mises.org/document/2736/Socialism-An-Economic-and-Sociological-Analysis; for the German original see http://mises.org/document/3297/Die-Gemeinwirtschaft
  22. von Mises L (1956) The anti-capitalistic mentality. Van Nostrand, Princeton. Available online http://mises.org/document/1164/The-AntiCapitalistic-Mentality
  23. von Mises L (1957) Theory and history – an interpretation of social and economic evolution. Yale University Press, New Haven. Available online http://mises.org/document/118/Theory-and-History-An-Interpretation-of-Social-and-Economic-Evolution
  24. von Mises M (1976) My years with Ludwig von Mises. Ludwig von Mises Institute, Alabama. Available online http://mises.org/document/3199/My-Years-with-Ludwig-von-Mises
  25. von Mises L (1985) Liberalism: in the classical tradition. The Foundation for Economic Education, Inc. Irvington-on-Hudson, New York 10533. Available online http://mises.org/document/1086/Liberalism-In-the-Classical-Tradition; for the German original see http://mises.org/document/5452/Liberalismus
  26. von Mises, L (1996) A critique of interventionism, irvington-on-hudson. Foundation for Economic Education, New York. Available online http://mises.org/document/877/Critique-of-Interventionism-A
  27. von Mises L (1998) Human action (the Scholar’s edition). Ludwig von Mises Institute, Alabama. Available online http://mises.org/document/3250/Human-Action; for the German predecessor Nationalökonomie see http://mises.org/document/5371/Nationalokonomie-Theorie-des-Handelns-und-Wirtschaftens
  28. von Mises L (2009) Memoirs. Ludwig von Mises Institute, Alabama. Available online http://mises.org/document/4249/Memoirs
  29. Wicksell K (1898) Geldzins und Güterpreise. Gustav Fischer Verlag, Jena. The English version is available online http://mises.org/document/3124/Interest-and-Prices

Copyright information

© Springer Science+Business Media New York 2016

Authors and Affiliations

  1. 1.Faculté de droit, d’économie et de gestionUniversity of AngersAngersFrance