Ludwig von Mises | |
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Born | Ludwig Heinrich Edler von Mises 29 September 1881 |
Died | 10 October 1973 | (aged 92)
Resting place | Ferncliff Cemetery, Hartsdale, Westchester County, New York, U.S |
Spouse | Margit von Mises |
Relatives |
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Academic career | |
Field | Economics Political economy Philosophy of science Epistemology Methodology Rationalism Logic Classical liberalism Libertarianism |
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School or tradition | Austrian School |
Alma mater | University of Vienna |
Doctoral advisor | Eugen von Böhm-Bawerk |
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Other notable students | |
Influences | |
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Signature | |
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Ludwig Heinrich Edler von Mises [n 1] (German: [ˈluːtvɪç fɔn ˈmiːzəs]; 29 September 1881 – 10 October 1973) was an Austrian–American historian, logician, sociologist, and economist of the Austrian School. Mises wrote and lectured extensively on the societal contributions of classical liberalism and the power of consumers.[1] 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 liberalism[2] in the face of rising illiberalism and authoritarianism throughout much of Europe during the 20th century.
Mises emigrated from Austria to the United States in 1940, fleeing from Nazis who burnt down his library and forced him to leave the continent.[3] Since the mid-20th century, libertarian movements, and the field of economics as a whole, have been strongly influenced by Mises' writings.[4] Mises' student Friedrich Hayek viewed Mises as one of the major figures in the revival of classical liberalism in the post-war era. Hayek's work The Transmission of the Ideals of Freedom (1951) pays high tribute to the influence of Mises in the 20th-century libertarian movement.[5] Economist Tyler Cowen lists his writings as "the most important works of the 20th century" and as "among the most important economics articles, ever".[6]
Mises's Private Seminar created a leading group of economists.[7] Many of its alumni, including Friedrich Hayek and Oskar Morgenstern, emigrated from Austria to the United States and Great Britain. Mises has been described as having approximately seventy close students in Austria.[8]
Mises received many honors throughout the course of his lifetime—honorary doctorates from Grove City College (1957), New York University (1963), and the University of Freiburg (1964) in Germany. His accomplishments were recognized in 1956 by his alma mater, the University of Vienna, when his doctorate was memorialized on its 50th anniversary and "renewed," a European tradition, and in 1962 by the Austrian government. He was also cited in 1969 as "Distinguished Fellow" by the American Economic Association.[9]
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