Ludwig Von Mises
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Ludwig Von Mises
Ludwig Heinrich Edler von Mises (; ; September 29, 1881 – October 10, 1973) was an Austrian-American political economist and philosopher of the Austrian school. Mises wrote and lectured extensively on the social contributions of classical liberalism and the central role of consumers in a market economy. He is best known for his work in praxeology, particularly for studies comparing communism and capitalism, as well as for being a defender of classical liberalismHayek, Friedrich A. "Introduction". In ''Socialism: An Economic and Sociological Analysis'', by Ludwig von Mises. London: Jonathan Cape, 1936. in the face of rising illiberalism and authoritarianism throughout much of Europe during the 20th century. In 1940, Mises emigrated from Austria to the United States to escape the Nazis. On the day German forces entered Vienna, they raided his apartment, confiscating his papers and library, which were believed lost or destroyed until rediscovered decades later in Soviet archive ...
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Austrian School
The Austrian school is a Heterodox economics, heterodox Schools of economic thought, school of economic thought that advocates strict adherence to methodological individualism, the concept that social phenomena result primarily from the motivations and actions of individuals along with their self interest. Austrian-school theorists hold that economic theory should be exclusively derived from basic principles of human action.Ludwig von Mises. Human Action, p. 11, "Purposeful Action and Animal Reaction". Referenced 2011-11-23. The Austrian school originated in 1871 in Vienna with the work of Carl Menger, Eugen von Böhm-Bawerk, Friedrich von Wieser, and others. It was methodologically opposed to the Historical school of economics, Historical school, in a dispute known as ''Methodenstreit'', or methodology quarrel. Current-day economists working in this tradition are located in many countries, but their work is still referred to as Austrian economics. Among the theoretical contribu ...
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Adam Heydel
Adam Zdzisław Heydel (December 6, 1893 – March 14, 1941) was a Polish economist and representative of the Cracow School of Economics, a type of economic liberalism. Biography Early life and education Adam Heydel was the son of Zdzisław and Maria Heydel, his brother named Wojciech. He was a student at John III Sobieski High School and later studied in Moscow and Kiev. In 1922 he studied law at the Jagiellonian University, where he got his doctorate. In the years 1921–1922 he worked in the Ministry of Foreign Affairs. In 1925 he got a habilitation in the field of political economy. Two years later he became a lecturer of economics at the Jagiellonian University. Scholarly work and political activism Together with Adam Krzyżanowski and Ferdinand Zweig he became a follower of the Cracow School of Economics, which advocated free market reforms. Heydel was familiar with western economic developments, particularly with the Austrian School and the economists of Ludwig ...
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Frank Fetter
Frank Albert Fetter (; March 8, 1863 – March 21, 1949) was an American economist of the Austrian School. Fetter's treatise, ''The Principles of Economics'', contributed to an increased American interest in the Austrian School, including the theories of Eugen von Böhm-Bawerk, Friedrich von Wieser, and Ludwig von Mises. Fetter notably debated Alfred Marshall, presenting a theoretical reassessment of land as capital. Fetter's arguments have been credited with prompting mainstream economists to abandon the Georgist idea "that land is a unique factor of production and hence that there is any special need for a special theory of ground rent...." A proponent of the subjective theory of value, Fetter emphasized the importance of time preference and rebuffed Irving Fisher for abandoning the pure time preference theory of interest that Fisher had earlier espoused in his 1907 book, ''The Rate of Interest''. Early life and education Frank Fetter was born in Peru, Indiana to a Quaker ...
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Edmund Husserl
Edmund Gustav Albrecht Husserl (; 8 April 1859 – 27 April 1938) was an Austrian-German philosopher and mathematician who established the school of Phenomenology (philosophy), phenomenology. In his early work, he elaborated critiques of historicism and of psychologism in logic based on analyses of intentionality. In his mature work, he sought to develop a systematic foundational science based on the so-called Bracketing (phenomenology), phenomenological reduction. Arguing that Transcendence (philosophy), transcendental consciousness sets the limits of all possible knowledge, Husserl redefined phenomenology as a Transcendental idealism, transcendental-idealist philosophy. Husserl's thought profoundly influenced 20th-century philosophy, and he remains a notable figure in contemporary philosophy and beyond. Husserl studied mathematics, taught by Karl Weierstrass and Leo Königsberger, and philosophy taught by Franz Brentano and Carl Stumpf. He taught philosophy as a ''Privatdozent' ...
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Friedrich Von Wieser
Friedrich von Wieser (; 10 July 1851 – 22 July 1926) was an early (so-called "first generation") economist of the Austrian School of economics. Born in Vienna, the son of Privy Councillor Leopold von Wieser, a high official in the war ministry, he first trained in sociology and law. In 1872, the year he took his degree, he encountered Austrian-school founder Carl Menger's ''Principles of Economics (Menger), Grundsätze'' and switched his interest to economic theory. Wieser held posts at the universities of Vienna and Prague until succeeding Menger in Vienna in 1903, where along with his brother-in-law Eugen von Böhm-Bawerk he shaped the next generation of Austrian economists including Ludwig von Mises, Friedrich Hayek and Joseph Schumpeter in the late 1890s and early 20th century. He was the Austrian Minister of Commerce from August 30, 1917, to November 11, 1918. Wieser is renowned for two main works, ''Natural Value'', which carefully details the opportunity cost, alternative- ...
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Eugen Böhm Von Bawerk
Eugen is a masculine given name which may refer to: * Archduke Eugen of Austria (1863–1954), last Habsburg Grandmaster of the Teutonic Order from 1894 to 1923 * Prince Eugen, Duke of Närke (1865–1947), Swedish painter, art collector, and patron of artists * Prince Eugen of Schaumburg-Lippe (1899–1929) * Prince Eugen of Bavaria (1925–1997) * Eugen Aburel (1899–1975), Romanian surgeon and obstetrician * Eugen Bacon, female African-Australian author * Eugen Beza (born 1978), Romanian football manager and former player * Eugen Bleuler (1857–1939), Swiss psychiatrist and eugenicist * Eugen von Böhm-Bawerk (1851–1914), Austrian economist * Eugen Bolz (1881–1945), German politician and member of the anti-Nazi resistance * Eugen Chirnoagă (1891–1965), Romanian chemist * Eugen Cicero (1940–1997), Romanian-German jazz pianist * Eugen Ciucă (1913–2005), Romanian-American artist * Eugen d'Albert (1864–1932), Scottish-born pianist and composer * Eugen Do ...
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Carl Menger
Carl Menger von Wolfensgrün (; ; 28 February 1840 – 26 February 1921) was an Austrian economist who contributed to the marginal theory of value. Menger is considered the founder of the Austrian school of economics. In building his marginalist approach, Menger rejected many established views of classical economics. He directly disputed the view of the "German school" that economic theory could be derived from history. Departing from the cost-of-production theory of value—the prevailing theory of Adam Smith, David Ricardo, and Karl Marx—Menger's subjective theory of value emphasized role of mutual agreement in deriving prices. Although he had few readers outside Vienna until late in his career, disciples including Eugen von Böhm-Bawerk and Friedrich von Wieser brought his theories into wider readership. Friedrich Hayek wrote that the Austrian school's "fundamental ideas belong fully and wholly to Carl Menger." Menger began his career as a lawyer and business jour ...
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New York University
New York University (NYU) is a private university, private research university in New York City, New York, United States. Chartered in 1831 by the New York State Legislature, NYU was founded in 1832 by Albert Gallatin as a Nondenominational Christianity, non-denominational all-male institution near New York City Hall, City Hall based on a curriculum focused on a secular education. The university moved in 1833 and has maintained its main campus in Greenwich Village surrounding Washington Square Park. Since then, the university has added an engineering school in Brooklyn's MetroTech Center and graduate schools throughout Manhattan. NYU is one of the largest private universities in the United States by enrollment, with a total of 51,848 enrolled students in 2021. It is one of the most applied-to schools in the country and admissions are considered selective. NYU's main campus in New York City is organized into ten undergraduate schools, including the New York University College ...
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Graduate Institute Of International And Development Studies
The Graduate Institute of International and Development Studies (, abbreviated IHEID), commonly referred to as Geneva Graduate Institute, is a graduate-level research university in Geneva, Switzerland dedicated to international relations, development studies, and global governance. Founded in 1927 by two senior League of Nations officials, the Geneva Graduate Institute was the world's first graduate school dedicated solely to the study of international affairs. With Maison de la Paix acting as its primary seat of learning, the Institute's campuses are located blocks from the United Nations Office at Geneva, International Labour Organization, World Trade Organization, World Health Organization, International Committee of the Red Cross, World Intellectual Property Organization and many other international organisations. Today, the institute enrolls around a thousand graduate students from over 100 countries, including nearly 90% of whom are foreign-born. It is officially a bil ...
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University Of Vienna
The University of Vienna (, ) is a public university, public research university in Vienna, Austria. Founded by Rudolf IV, Duke of Austria, Duke Rudolph IV in 1365, it is the oldest university in the German-speaking world and among the largest institutions of higher learning in Europe. The university is associated with 17 List of Nobel laureates, Nobel Prize winners and has been the home to many scholars of historical and academic importance. History Middle Ages to the Enlightenment The university was founded on March 12, 1365, by Rudolf IV, Duke of Austria, hence the name "Alma Mater Rudolphina". After the Charles University in Prague (1347) and Jagiellonian University in Kraków (1364), the University of Vienna is the third oldest university in Central Europe and the oldest university in the contemporary German-speaking world; it remains a question of definition as the Charles University in Prague was German-speaking when founded, too. However, Pope Urban V did not ratify th ...
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Murray Rothbard
Murray Newton Rothbard (; March 2, 1926 – January 7, 1995) was an American economist of the Austrian School,Ronald Hamowy, ed., 2008, The Encyclopedia of Libertarianism', Cato Institute, Sage, , p. 62: "a leading economist of the Austrian school"; pp. 11, 365, 458: "Austrian economist". Economic history, economic historian, Political philosophy, political theorist, and Activism, activist. Rothbard was a central figure in the 20th-century American libertarian movement, particularly its Right-libertarianism, right-wing strands, and was a founder and leading theoretician of anarcho-capitalism (as termed by Rothbard; but later opposing the 'anarchism' label on both etymological and historical grounds).Rothbard, Murray (1950s)"Are Libertarians 'Anarchists'?"/ref> He wrote over twenty books on political theory, history, economics, and other subjects. Rothbard argued that all services provided by the "monopoly system of the corporate state" could be provided more efficiently by ...
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George Reisman
George Gerald Reisman (; born January 13, 1937)"George Gerald Reisman" (2002), ''Contemporary Authors Online'', Gale, Retrieved on January 18, 2007. is an American economist. He is Professor Emeritus of Economics at Pepperdine University and the author of ''The Government Against the Economy'' (1979), which was praised by both F. A. Hayek and Henry Hazlitt, and ''Capitalism: A Treatise on Economics'' (1996). He is known as an advocate of free market or ''laissez-faire'' capitalism. Biography Reisman was born in New York City and graduated from Columbia College in 1957. As a sophomore in 1954, he was a supporter of Sen. Joseph McCarthy and spoke at a testimonial dinner to McCarthy's chief aide, Roy Cohn, following the latter's resignation. At the dinner, according to Time magazine, Reisman, representing the Students for America, called Cohn "the American Dreyfus," adding: "Roy Cohn and Joe McCarthy will be redeemed when the people have taken back their government from the crim ...
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