Ludwig von Mises in audio: the life, the one idea, the most famous argument, and which work to read first. About 18 minutes.
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Born on 29 September 1881 in Lemberg (today Lviv) in Galicia. He came from a family of assimilated Jews; his great-great-grandfather had been raised to the hereditary nobility by Emperor Franz Joseph.[2]
Attended the Akademisches Gymnasium.
Studied law (at the University of Vienna).
Military service as a one-year volunteer (Einjährig-Freiwilliger) in 1902/1903.[24]
Worked for a short time as a trainee lawyer (Konzipient) before beginning his professional career at the Chamber of Commerce.
Doctorate (Dr. iuris) at the University of Vienna in February 1906.[17]
In 1909 he began his professional career at the Vienna Chamber of Commerce as an official of the chamber secretariat, where he effectively became one of the country's leading economists. This position ended in 1934, when he took up the chair at the IHEI in Geneva.
Publication of the habilitation thesis “The Theory of Money and Credit”.[2]
He completed his Habilitation in 1913 at the University of Vienna with "The Theory of Money and Credit", published in 1912. Under the influence of Carl Menger and Eugen von Böhm-Bawerk, he had turned to the thought of the Austrian School already in his youth.
From 1918 as associate professor at the University of Vienna (an unsalaried lectureship, not a full professorship).[24]
In the 1920s he founded his renowned private seminar in his office at the Chamber of Commerce; a meeting place for Hayek, Machlup, Haberler, Morgenstern, Felix Kaufmann, Karl Menger and many others. It continued until his emigration in 1934.[2]
Publication of “Die Gemeinwirtschaft. Untersuchungen über den Sozialismus” (Socialism: An Economic and Sociological Analysis; 1922) — Mises's systematic critique of socialism, with the argument of the impossibility of economic calculation under socialism.[2]
In 1927, together with Friedrich August von Hayek, he founded the Austrian Institute for Business Cycle Research (today WIFO).[25]
Mises foresaw some developments far in advance as logically foreseeable consequences, such as the Great Depression at the end of the 1920s.
He left Vienna in 1934 and took up a chair at the Institut universitaire de hautes études internationales (IHEI) in Geneva, where he taught until 1940.[26]
In Geneva in 1938, he married the widow Margit Sereny-Herzfeld, a former actress. Margit von Mises would later publish her memoirs, "My Years with Ludwig von Mises" (1976).[26]
Publication of his major German-language work, “Nationalökonomie. Theorie des Handelns und Wirtschaftens” (roughly “Economics: A Theory of Action and Economic Activity”), in Geneva in 1940 (published by Editions Union) — the precursor to “Human Action” (1949).
Emigrated to the United States in 1940 with his wife Margit, by way of France, Spain and Portugal, and settled in New York.[2]
From 1945 until his retirement in 1969, visiting professor at New York University (Graduate School of Business) — the position was financed not by the university but by private patrons (the William Volker Fund).[2]
One of the founding members of the Mont Pèlerin Society in 1947, at the invitation of Friedrich August von Hayek.[14]
With “Human Action” (1949), the English reworking of his principal work “Nationalökonomie” (1940; literally ‘Economics’), he gradually achieved the success he had long sought.[2]
In 1962 Mises received the Austrian Decoration for Science and Art.[27]
Died in New York on 10 October 1973.
Studied under Eugen von Böhm-Bawerk and took part in his seminar at the University of Vienna; together with Menger one of the formative teachers for Mises' turn to the Austrian School.[2]
Wieser wird in der Wikipedia-EN-Influences-Box von Mises gelistet; Mises hatte zu Wieser ein distanzierteres Verhältnis als zu Böhm-Bawerk.[19]
Philippovich war 1913 als Lehrstuhlinhaber für Politische Ökonomie der formelle Habilitationsbetreuer Mises' an der Universität Wien (Aufgabenhinweis aus Pipeline-Briefing).
Studied at the University of Vienna under Ludwig von Mises, among others; later a regular participant in the Mises-Privatseminar.[2]
Participant in the private seminar and member of the inner Mises circle in Vienna.[28]
Received her doctorate in 1921 as one of the first women in the political sciences at the University of Vienna; the dissertation "Die Anweisungstheorie des Geldes" (The Assignment Theory of Money) was supervised by Ludwig von Mises.[18]
Reading Ludwig von Mises' Socialism (Die Gemeinwirtschaft, 1922), which contained the proof of the impossibility of economic calculation in a socialist commonwealth, turned him away from his socialist sympathies. Quite soon Mises recognised Hayek's talent and invited him to his private seminar.[4]
Machlup was a regular participant in Mises' private seminar and an intellectual student from the Viennese circle.[2]
Translated numerous writings of Mises from German into English and thereby contributed substantially to the spread of Austrian monetary and business cycle theory in the English-speaking world.[5]
Regarded as perhaps the most important Mises student in the New World; Rothbard deepened his teacher's approaches especially in the theory of money, monopoly, capital and interest.[6]
Took his doctorate under Mises at NYU and became his successor there as the foremost representative of the Austrian tradition in the USA.[7]
Hazlitt was a journalistic follower of Mises in the USA, arranged the NYU position through the William Volker Fund and acted as a mediator between Mises and the wider American public.[2]
Methodological antipode from the Methodenstreit; with The Theory of Money and Credit (Theorie des Geldes und der Umlaufsmittel, 1912) Mises indirectly continued the dispute of the Austrian School against the Younger Historical School.
Throughout his life Keynes was Mises' most important intellectual antipode in monetary and business cycle theory; Mises radically rejected state-interventionist approaches.[2]
Schwiedland was a participant in the Mises-Privatseminar in Vienna.
Kaufmann was a participant in the Mises-Privatseminar in Vienna.[2]
Participant in the private seminar of Ludwig von Mises in Vienna; a permanent member of the Nationalökonomische Gesellschaft until her expulsion in 1938.[29]
Schlesinger war Teilnehmer am Mises-Privatseminar (Wikipedia EN).[22]
Illy war ständiger Teilnehmer am Mises-Privatseminar (bio_de bestätigt).
Robbins was for a time a participant in the Privatseminar; later an important bridge of the Viennese circle to the LSE.[2]
Alfred Schütz (phenomenologist, a link to the Husserl school) was a regular participant in the Mises-Privatseminar.[2]
Eric Voegelin (political scientist and philosopher) was a participant in the Privatseminar.[2]
Karl Menger Jr. (mathematician, son of Carl Menger) was a participant in the Mises-Privatseminar.[2]
Mises' Privatseminar-Liste (mises.org Hayek Centenary) führt Rosenstein-Rodan unter den regelmäßigen Teilnehmern; aktiv bis zur Übersiedlung nach Großbritannien 1930.[10]
Participant in Ludwig von Mises' Privatseminar at the Vienna Handelskammer, together with Hayek, Haberler, Morgenstern and others.[32]
Long-standing participant in the Mises Privatseminar in Vienna; one of the few habilitated members of the Austrian School in the circle.[1]
Fellow campaigner of Ludwig von Mises in the stabilization of the Austrian currency; together the two exerted influence on Federal Chancellor Ignaz Seipel, so that the policy of inflation and deficits came to an end.[15]
Together with Mises he founded the Austrian Institute for Business Cycle Research, where from 1927 Hayek did “hard pioneering work on the economic base”.
After his appointment at the Institute for Business Cycle Research, Schiff worked as a newspaper editor and regularly attended the Mises-Privatseminar in Vienna.[12]
Haberler regularly took part in the Mises-Privatseminar in Vienna.[2]
Participant in the Mises-Privatseminar in Vienna as a member of the inner circle of the Austrian School.[2]
Lachmann nahm laut Pipeline-Briefing als jüngeres Mitglied am Mises-Privatseminar teil; vor seiner Emigration nach London 1933.
Both founding members of the Mont Pèlerin Society in 1947.[23]
In 1947 at Vevey on Lake Geneva he gathered 39 non-collectivist thinkers from around the world, among them Ludwig von Mises, to found the Mont Pèlerin Society.[4]
He regularly took part in the Mises-Privatseminar, alongside his business activity in his parents' cardboard factory.[2]
Both founding members of the Mont Pèlerin Society in 1947; Stigler later MPS president.[23]
Both founding members of the Mont Pèlerin Society in 1947.[23]
Both founding members of the Mont Pèlerin Society in 1947.
Teilnehmer am Mises-Privatseminar in New York 1949–1959 (NYU-Phase) — direkter Anschluss an die Wiener Privatseminar-Tradition über Mises.[16]
Participant in the Mises-Privatseminar at NYU from 1949 to the end of the 1950s, with activity into the 1970s.[6]
In 1957 Kauder described Mises as Menger's “most faithful student”; he was on friendly terms with him and commented on his ontological approach as the benchmark of Austrian theory.[13]
Ludwig von Mises in the context of the School as a whole — five generations, their teacher-student lineages, circles and collegial ties.
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