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

Abstract

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).

Keywords

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.
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References

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  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
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  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
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  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