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<h1 class="text-center animated fadeInUp">Ludwig von Mises</h1> | |
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<h2 class="text-center">“All rational action is in the first place individual action. Only the individual thinks. Only the individual reasons. Only the individual acts.” </h2> | |
<h4 class="text-center">― Ludwig von Mises, Socialism: An Economic and Sociological Analysis</h4> | |
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<img src="http://www.theimaginativeconservative.org/wp-content/uploads/2016/05/LudwigvonMises.png" alt="Ludwig von Mises"> | |
<h4 class="text-center">Ludwig von Mises by Alexander Salter</h4> | |
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<p id="interno">Ludwig von Mises was the acknowledged leader of the | |
Austrian School of economic thought, a prodigious originator in economic theory, | |
and a prolific author. Mises's writings and lectures encompassed economic theory, | |
history, epistemology, government, and political philosophy. His contributions to | |
economic theory include important clarifications on the quantity theory of money, | |
the theory of the trade cycle, the integration of monetary theory with economic theory | |
in general, and a demonstration that socialism must fail because it cannot | |
solve the problem of economic calculation. Mises was the first scholar to | |
recognize that economics is part of a larger science in human action, a science | |
that he called "praxeology."</p> | |
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<h2>“Many who are self-taught far excel the doctors, masters, | |
and bachelors of the most renowned universities.” | |
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<h4>― Ludwig von Mises</h4> | |
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<h3>Here is a list with a short description of Ludwig von Mises major works:</h3> | |
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<p><b>Human Action - </b>Mises's book is the best defense of capitalism ever | |
written. It covers basic economics through the most advanced material. | |
Reading this book is the best way you could ever dream up to learn economics. | |
Every attempt to study economics should include a thorough examination | |
of this book.</p> | |
</li> | |
<li> | |
<p><b>The Theory of Money and Credit - </b>Mises shows how money had its origin in | |
the market, and how its value is based on its usefulness as a commodity in exchange.</p> | |
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<li> | |
<p><b>Liberalism: In the Classical Tradition - </b>It was written to address the burning question: | |
if not socialism, and if not fascism or interventionism, what form of social | |
arrangements are most conducive to human flourishing? Mises's answer is summed up in the title, | |
by which he meant classical liberalism.</p> | |
</li> | |
<li> | |
<p><b>The Anti-Capitalistic Mentality - </b>In 1954, after a lifetime of | |
serious theoretical work in economic science, Mises | |
turned his attention to one of the great puzzles of all time: | |
discovering why the intellectuals hate capitalism. The result is this | |
socio-psycho-cultural analysis informed by economic theory.</p> | |
</li> | |
<li> | |
<p><b>Planning for Freedom; and Twelve other Essays and Addresses - </b>In this makes the | |
point that the choice isn't between a planned economy and an unplanned one but rather | |
one between government planning and planning by property owners.</p> | |
</li> | |
<li> | |
<p><b>Nation, State, and Economy - </b>It is in this book that Mises first | |
advances his idea of secessionism. Every people group ought to be | |
permitted to choose their own political arrangements, even if they end | |
up in tiny geographical units. With free trade, smaller units of government | |
become completely viable. | |
</p> | |
</li> | |
<li> | |
<p><b>The Ultimate Foundation of Economic Science - </b>The principal axiom | |
of this book is the outstanding fact about the contemporary ideological | |
situation is that the most popular political doctrines aim at totalitarianism, | |
the thorough abolition of the individual's freedom to choose and to act. | |
No less remarkable is the fact that the most bigoted advocates of such a | |
system of conformity call themselves scientists, logicians, and philosophers. | |
</p> | |
</li> | |
<li> | |
<p><b>Economic Policy: Thoughts for Today and Tomorrow - </b>It is a explanation | |
of the basics of economic policy: private property, free trade, exchange, | |
prices, interest, money and inflation, socialism, fascism, investment, and | |
much more, he addresses the many merits of market institutions and the | |
dangers of intervention. | |
</p> | |
</li> | |
<li> | |
<p><b>Socialism: An Economic and Sociological Analysis - </b>Socialism addresses the contemporary issues | |
of economic inequality and argues that wealth can exist for long periods only to the extent | |
that wealthy producers succeed in satisfying the consumers. Mises shows that there is no | |
tendency to monopoly in a true free market system. | |
</p> | |
</li> | |
<li> | |
<p><b>A Critique of Interventionism - </b>In Mises's view, interventionism is an | |
inherently unstable policy because it creates new dislocations that would | |
seem to cry out for further interventions, which, in turn, do not solve the | |
problem. The end of interventionism is socialism, a fate which can be | |
logically avoided only by a sharp turn towards free markets. | |
</p> | |
</li> | |
<li> | |
<p><b>Bureaucracy - </b>Mises explains that the core choice we | |
face is between rational economic organization by market prices or | |
the arbitrary dictates of government bureaucrats. There is no third way. | |
And here he explains how it is that bureaucracies can't manage anything well | |
or with an eye for economics at all. | |
</p> | |
</li> | |
<li> | |
<p><b>Liberty and Property - </b>Mises describes the revolutionary | |
meaning of capitalism in human history, and how it was responsible | |
for the most spectacular increases in the standard of living of the | |
common man ever. It was mass production that lead people to live longer, | |
healthier, and happier lives. | |
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</li> | |
</ul> | |
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<h3>If you want to know more about the Austrian economic school and | |
Ludwig von Mises you can visit the page of the <a href="https://mises.org/profile/ludwig-von-mises">MisesInstitute</a> </h3> | |
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first page of freecodecamp
A Pen by Alejandro Ortiz Corro on CodePen.