Liberty Fund Library of the Works of Ludwig von Mises
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The Anti-capitalistic Mentality
by Ludwig von Mises
/ Learn MoreIn The Anti-capitalistic Mentality, the respected economist Ludwig von Mises plainly explains the causes of the irrational fear and hatred many intellectuals and others feel for capitalism. In five concise chapters, he traces the causation of the misunderstandings and resultant fears that cause resistance to economic development and social change. He enumerates and rebuts the economic arguments against and the…
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Bureaucracy
by Ludwig von Mises
/ Learn MoreBureaucracy contrasts the two forms of economic management—that of a free-market economy and that of a bureaucracy. In the market economy entrepreneurs are driven to serve consumers by their desire to earn profits and to avoid losses. In a bureaucracy, the managers must comply with orders issued by the legislative body under which they operate; they may not spend without…
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Economic Freedom and Interventionism
by Ludwig von Mises
/ Learn MoreEconomic Freedom and Interventionism is both a primer of the fundamental thought of Ludwig von Mises and an anthology of the writings of perhaps the best-known exponent of what is now known as the Austrian School of economics. This volume contains forty-seven articles edited by Mises scholar Bettina Bien Greaves. Among them are Mises’s expositions of the role of government,…
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Economic Policy
by Ludwig von Mises
/ Learn MoreEconomic Policy contains six lectures Ludwig von Mises delivered in 1959 for the Centro de Estudios sobre la Libertad in Argentina. The lectures were posthumously edited by Mises’s wife, Margit, and George Koether, a student and long-time friend of Mises. This volume serves as an excellent introduction to what Mises sees as the simple truths of history in terms of…
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Epistemological Problems of Economics
by Ludwig von Mises
/ Learn MoreFirst published in German in 1933 and in English in 1960, Epistemological Problems of Economics presents Ludwig von Mises’s views on the logical and epistemological features of social interpretation as well as his argument that the Austrian theory of value is the core element of a general theory of human behavior that transcends traditional limitations of economic science. This volume…
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Human Action
by Ludwig von Mises
/ Learn MoreIn Human Action, Mises starts from the ideas set forth in his Theory and History that all actions and decisions are based on human needs, wants, and desires and continues deeper and further to explain how studying this human action is not only a legitimate science (praxeology) but how that science is based on the foundation of free-market economics. Mises…
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Interventionism
by Ludwig von Mises
/ Learn MoreInterventionism provides Mises’s analysis of the problems of government interference in business from the Austrian School perspective. Written in 1940, before the United States was officially involved in World War II, this book offers a rare insight into the war economies of Hitler’s Germany and Mussolini’s Italy. Mises criticizes the pre–World War II democratic governments for favoring socialism and interventionism…
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Liberalism
by Ludwig von Mises
/ Learn MoreThis book presents the theoretical and practical arguments for liberalism in the classical tradition as defined by Mises as “the liberal doctrine of the harmony of the rightly understood interests of all members of a free society founded on the principle of private ownership of the means of production.” The foundation of liberalism, Mises says, rests on an understanding and…
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Money, Method, and the Market Process
by Ludwig von Mises
/ Learn MoreAfter Ludwig von Mises’s death in 1973, his wife, Margit von Mises, went through his unpublished and out-of-print essays and selected twenty-one of the essays for publication. The result was Money, Method, and the Market Process, published in 1990 by Kluwer Academic Publishers and the Ludwig von Mises Institute and reissued now by Liberty Fund. In his introduction to the…
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Nation, State, and Economy
by Ludwig von Mises
/ Learn MoreEssential to Mises’s concept of a classical liberal economy is the absence of interference by the state. In World War I, Germany and its allies were overpowered by the Allied Powers in population, economic production, and military might, and its defeat was inevitable. Mises believed that Germany should not seek revenge for the peace of Versailles; rather it should adopt…
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Notes and Recollections
by Ludwig von Mises
/ Learn MorePublished for the first time together in one volume is Ludwig von Mises’s Notes and Recollections with The Historical Setting of the Austrian School of Economics. Written between 1940 and 1941, shortly after he arrived in the United States, Notes and Recollections is in effect Mises’s pre-1940 intellectual autobiography. This work reveals how Mises developed his theories, wrote his books,…
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On the Manipulation of Money and Credit
by Ludwig von Mises
/ Learn MoreThe three treatises in On the Manipulation of Money and Credit were written in German between 1923 and 1931. Together they include some of Mises’s most important contributions to monetary and trade-cycle theories and constitute a precursor to Mises’s major work, Human Action. Ludwig von Mises (1881–1973) was the leading spokesman of the Austrian School of economics throughout most of…
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