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Ludwig von Mises – A Primer

Eamonn Butler | OP120 | 16 December 2010

op-120Ludwig von Mises was one of the greatest economists and political scientists of the twentieth century. He revolutionised the understanding of money, inflation and recessions; comprehensively refuted the arguments for socialism; and produced a devastating critique of the methodologies of mainstream economics. His contributions to the Austrian School laid the intellectual groundwork for thinkers such as F.A. Hayek, Murray Rothbard, and Israel Kirzner.

Nevertheless, Mises remains neglected by the economics profession, policymakers and academics. In Ludwig von Mises – A Primer, Eamonn Butler presents a comprehensive yet accessible overview of Mises’ outstanding achievements. Indeed, while mainstream economics has been found wanting, the latest recession appears to have been entirely consistent with his analysis. Furthermore, the poor performance of state health and education services can be explained by Mises’ Austrian theories. This readable primer explains why his work should be at the core of economic thinking, especially at a time of economic crisis.

 

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