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Author » Ludwig von Mises

Ludwig von Mises (1881-1973) was one of the world's foremost economists and the author of "Human Action", "Socialism; Liberalism", "The Theory of Money and Credit", and many other works.

Latest from Ludwig von Mises

Inequality of Wealth and Incomes

The market economy — capitalism — is based on private ownership of the material means of production and private entrepreneurship. The consumers by their buying or abstention from buying ultimately determine what should ...

The Individual in Society, Part 2

Part 1 | Part 2 Liberty and freedom are terms employed for the description of the social conditions of the individual members of a market society in which the power of the indispensable hegemonic bond, the state, is curbed ...

The Individual in Society, Part 1

Part 1 | Part 2 The words freedom and liberty signified for the most eminent representatives of mankind one of the most precious and desirable goods. Today it is fashionable to sneer at them. They are, trumpets ...

Facts about the “Industrial Revolution”

Socialist and interventionist authors assert that the history of modern industrialism and especially the history of the British "Industrial Revolution" provide an empirical verification of the "realistic" or "institutional" doctrine and utterly explode the "abstract" dogmatism of the economists. The ...

The Limits of Governmental Activity

It is an established fact that alcoholism, cocainism, and morphinism are deadly enemies of life, of health, and of the capacity for work and enjoyment.But this is far from demonstrating that the authorities must ...