Chapter 13 of 13 · The Essential von Mises by Murray N. Rothbard
Index
Adonais (Shelly), 118
America, Mises’s influence in, 41–44, 99–113
Anderson, Benjamin M., 107n59The Value of Money, 72
Aristotle, 9
Association for Education in the Social Sciences, 52
Austrian circle, 16–17, 55–56, 60–61
Austrian Economics Newsletter, 113
Austrian Institute for Business Cycle Research, 25, 77
Austrian School background, 3–11
decline of in interwar period, 26
methodology of economics and, 31–34
“The Austrian Theory of Money” (Rothbard), 61n11
axiom of action, 33, 36, 88, 108
banking
European crisis in, 75n24, 76–77
inflation and, 62–63
opposition to gold standard, 56–57
supply of money and, 18, 21–23, 58–59
Baudin, Louis, 99
Bauer, Otto, 74–76
Beckhart, Benjamin H., 105
Benham, Frederic, 38
Bergmann, Gustav, 86n34
Unemployment, a Problem of Industry, 97
Bode, Karl, 94
Böhm-Bawerk, Eugen von attitude toward politics, 71
business cycle theory and, 22
on central bank’s opposition to gold standard, 56–57
contributions to Austrian School, 6–7, 10–11 death of, 26, 101
theory of money and credit and, 55, 57n7, 59, 63, 67–69
writing of Human Action and, 36–37
Böhm-Bawerk, Eugen von, works of
Capital and Interest, 6n2, 11n4, 60n10, 108
History and Critique of InterestTheories, 6n2
Positive Theory of Capital, 6n2, 11n4
“The Ultimate Standard of Value,” Shorter Classics of Böhm Bawerk, 7n3
Bolshevism, 74–76, 79. See also socialism
Bonn, Mortiz J., 98
Braun, Martha Stephanie, 95
Brentano, Lujo, 71
Briefs, Goetz A., 98
British Currency School, 58
Browne, Martha Stephanie, 95
business cycle theory development of concept, 21–23, 25
founding of institute for, 96
government intervention and, 83
money and banking, 63–64
prediction of Great Depression and, 38
Cannan, Edwin, 97
Capital and Interest (Böhm-Bawerk), 6n2, 11n4, 60n10, 108
Carnap, Rudolf, 86n34
Catholic Church, 9–10
The Causes of the Economic Crisis: And Other Essays Before and After the Great Depression (Mises), 25n6, 39n18
Chamber of Commerce Hayek and, 96
Mises’s battle against inflation and, 77–78
Mises’s role in, 54
as source of Mises’s income, 25, 68, 73, 99
Chicago School of economics, 26
Christian Social Party, 75, 76
class struggle, 5–8
classical economics. See also Austrian School; neo-classical economics
Austrian School and, 3–11
marginal utility theory and, 55, 57
on mathematical equations in economics, 37
methodology of economics and, 30–33, 84–87
Collectivist Economic Planning:
Critical Studies of the Possibilities of Socialism (Hayek, ed.), 29n9, 82n28
Collins, Dean G. Rowland, 104
communism. See also socialism defects of, 80
economic planning and, 30
as political choice, 1
The Constitution of Liberty (Hayek), 112
A Contribution to Austrian Factory Legislation (Mises), 52n3
Conversations with Professor Salerno (Salerno), 82n29
Counter-Revolution of Science (Hayek), 112
Craver, Earlene, 70–71
“The Emigration of Austrian Economists,” 52n2, 71n17–18, 95n40, 96n42
credit and money, theory of. See money and credit, theory of
A Critique of Interventionism (Mises), 30n11
Davenport, Herbert J., 26
Davidson, Eugene, 103, 107, 110
De Gaulle, Charles, 111
Degenfeld-Schönburg, Ferdinand, 69, 71n17
Die Ursachen der Wirtschaftskrise (Mises), 39
Dilthey, Wilhelm, 33
economic calculation, 29–30, 69, 79–85, 98
“The Economic Calculation Debate: Lessons for Austrians” (Kirzner), 82n28
“Economic Calculation in the Socialist Commonwealth” (Mises), 29, 79
Economic Calculation in the SocialistSociety (Hoff), 82n28
Economic Commission, 77
Economic Principles Commission, 103
Economic Society, 95
Econometrics (Tintner), 93
The Economist of the Country: Ludwig von Mises in the History of Monetary Thought (Edwards), 61n11
Edwards, James Rolph
The Economist of the Country: Ludwig von Mises in the History of Monetary Thought, 61n11
Ellis, Howard S., 94
“The Emigration of Austrian Economists” (Craver), 52n2, 71n17–18, 95n40, 96n42
Epistemological Problems of
Economics (Mises), 31n13, 32, 89, 111
Erhard, Ludwig, 111
Essay on the Nature and Significance of Economic Science (Robbins), 33–34
Federal Reserve Bank, 18
Feigl, Herbert, 86n34
Fetter, Frank A., 26, 36–37, 108
Fisher, Irving equation of exchange, 57
theory of money and, 55
theory of money and credit and, 14, 26
The Foundations of Modern AustrianEconomics, 61n11
The Free and ProsperousCommonwealth (Mises), 46–47, 111
The Free Market, 113
On Freedom and Free Enterprise:
Essays in Honor of Ludwig vonMises, 27, 47n25, 116n68
Friedman, Milton, 97
Fröhlich, Walter, 94
Fürth, Herbert von, 94
Gaitskell, Hugh, 94
Galbraith, John Kenneth, 109n60
General Theory of Employment, Interest and Money (Keynes), 39–40, 98
gold standard, 18, 26–27, 43, 56, 76
Graduate School of Business Administration at New York University, 42
Graduate Institute of International Studies, 40, 99
Great Depression, 38, 75n24, 83, 97, 98
The Great Depression (Robbins), 97, 98n45
Grundprobleme der Nationalökonomie (Mises), 31, 111
Gumplowicz, Helene, 75
Haberler, Gottfried von, 39, 71n17, 91, 93, 94, 98, 105
“Money and the Business Cycle,” The Austrian Theory of the Trade Cycle and Other Essays, 39n19
Halm, Georg, 98
Hahn, L. Albert, 98
Hayek, Friedrich A. von relationship with Ludwig von Mises, 73, 96–98, 111–12, 115
spontaneous order and, 84–85
teaching positions, 105
Hayek, Friedrich A. von, works of The Constitution of Liberty, 112
Counter-Revolution of Science, 112
Monetary Theory and the TradeCycle, 98
Prices and Production, 98
“Tribute to Ludwig von Mises,” 72
Hazlitt, Henry, 103
Helfferich, Karl, 55
Hempel, Carl C., 86n34
Henry Regnery & Co., 110n63
Herzfeld, Marianne von, 95
Theory of Wages, 98n45
Historical School, 51–52, 67, 86, 113
historicism, 51–52, 108, 110. See also Historical School
History and Critique of InterestTheories (Böhm-Bawerk), 6n2
Hoff, Trygve J.B. Economic Calculation in the socialist Society, 82n28
Hoppe, Hans-Hermann, 107n58
Human Action (Mises), 35–40, 61n11, 65, 80, 82n28, 107–10
Hume, David, 63
Hutt, W.H., 98n45
inflation banking and, 56–59, 62–64, 76–77
beneficiaries of, 16
business cycle theory and, 21–23, 83
Keynesian view of, 39–40
in United States, 45–46
Institute for Business Cycle Research, 96
institutionalism, 31–32, 86–87, 113
interest business cycle theory and, 63
Marxist view, 4
time preference theory and, 9–11, 22–23, 36–37, 108
International Economic Relations, 99
interventionism business cycle theory and, 83–84
critique of in Human Action, 108
recessions and, 64
socialism and, 30
“The Intransigence of Ludwig von Mises” (Rueff), 27, 47n25
Jevons, William Stanley, 5, 18, 59
Kaufmann, Felix, 86n34, 94, 96, 115
Kelsen, Hans, 99
Keynes, John Maynard
General Theory of Employment, Interest and Money, 39–40, 98
Treatise on Money, 72
Keynesians development of economic theory of, 39–40
as economic choice, 1–2
Mises’s influence on, 93, 97, 105
Nobel Prize and, 112
policies in America and Europe, 45–46
Kirzner, Israel, 106
“The Economic Calculation Debate: Lessons for Austrians,” 82n28
Klein, Rudolf, 94
Knapp, Georg Friedrich, 52
Knight, Frank H., 26
Kritik des Interventionismus (Mises), 83
Kunwald, Gottfried, 76–77
Lavoie, Don Rivalry and Central Planning, 82n28
“The Legacy of Ludwig von
Mises” (Raico), 117–118nn69–70
Liberalismus (Mises), 30, 84, 111
Lieser, Helene, 95
London School of Economics, 38, 97
“Ludwig von Mises and the Paradigm for Our Age” (Mises), 45n23
Ludwig von Mises Institute, 113
Luhnow, Harold, 104
Machlup, Fritz anti-Semitism and, 70–71n17, 71
business cycle theory and, 38–39
on Degenfeld-Schönburg, 69
Economic Society and, 96
as student of Mises, 91, 94, 105
Man, Economy, and State (Rothbard), 61n11
On the Manipulation of Money andCredit (Mises), 25n6, 83n31
Mantoux, Paul, 99
marginal utility theory development of concept, 7–8
measurement of, 18–19
Marshall, Alfred, 26
Marxism Austrian School and, 113
comparison to Nazis, 41–42, 102
in Germany and Austria, 74–76
Mises’s rejection of, 52
Ricardian economics and, 4–5
Theory and History and, 110
Mayer, Hans, 69–70, 92, 95, 96
Menger, Carl Austrian School and, 55
classical economics and, 5–6
utility analysis by, 59
view toward academic arena, 71
Menger, Carl, works of Principles of Economics, 6n1, 53
Problems of Economics and Sociology, 6n1
methodology of economics, 31–34, 35–40
Mises, Ludwig von, works of Bureaucracy, 41, 103
The Causes of the Economic Crisis: And Other Essays Before and After the Great Depression, 25n6, 39n18
A Contribution to Austrian Factory Legislation, 52n3
A Critique of Interventionism, 30n11
Die Ursachen der Wirtschaftskrise, 39
“Economic Calculation in the Socialist Commonwealth,” 29, 79
Epistemological Problems of Economics, 31n13, 32, 89, 111
The Free and Prosperous Commonwealth, 46–47, 111
Grundprobleme der Nationalökonomie, 31, 111
Human Action, 35–40, 61n11, 65, 80, 82n28, 107–10
Kritik des Interventionismus, 83
On the Manipulation of Moneyand Credit, 25n6, 83n31
Nation, State, and Economy, 68Nationalökonomie, 35, 65, 100, 107
Notes and Recollections, 51n1, 52n2, 53n4, 64n12, 71n18, 73n21, 77–78nn25–27, 82n28, 101
Omnipotent Government, 41, 102–03
Planned Chaos, 30n10
Planning for Freedom, 112n65
“Profit and Loss”, 110
Socialism, 29–30, 80, 85, 97, 110
Theory of Money and Credit, 13–19, 21, 25–26, 39, 55–65, 61n11, 67–72, 81, 83, 110
The Ultimate Foundation of Economic Science, 32, 111
Mises, Margit von, 41, 100, 103–04, 105
My Years with Ludwig von Mises, 53n5, 73n22, 92n37, 95n40, 96n43, 100n46, 106n55, 107n59, 110n62–63, 111n64
Mises, Richard von, 86
Positivism, 87n34
monetarism, 1–2
Monetary Theory and the Trade Cycle (Hayek), 98
Money (Helfferich), 55
money and credit, theory of, 13–19, 55–65, 67–72, 81
“Money and the Business Cycle,” (Haberler), 39n19
Mont Pèlerin Society, 111
Morgenstern, Oskar, 71n17, 77, 91, 94, 96, 105
Müller-Armack, Alfred, 98, 111
My Years with Ludwig von Mises (Margit von Mises), 53n5, 73n22, 95n40, 96n43, 100n46, 106n55, 107n59, 110n62–63, 111n64
Nation, State, and Economy (Mises), 68
Nationalökonomie (Mises), 35, 65, 100, 107
On the Nature and Significance ofEconomic (Robbins), 97
Nazis Christian Social Party and, 75
Mises analysis of, 41–42, 102–03
takeover of Austria, 77, 96, 99–100
neo-classical economics, 5–11, 13–14, 26, 80, 87. See also Austrian School; classical economics
New York University Graduate School of Business Administration, 104
Nobel Prize, 112
Notes and Recollections (Mises), 51n1, 52n2, 53n4, 64n12, 71n18, 73n21, 77–78nn25–27, 82n28, 101
Omnipotent Government (Mises), 41, 102–103
“On Reading von Mises” (Rappard), 116n68
Peel’s Act of 1844, 62
Philippovich, Eugen von, 52, 68–69
Phillips, C.A., 63
Planned Chaos (Mises), 30n10
Planning for Freedom (Mises), 112n65
Pohle, Ludwig, 98
Polanyi, Karl, 74
Positive Theory of Capital (Böhm-Bawerk), 6n2, 11n4
positivism of F.A. Hayek, 111
mathematics in economics and, 37
vs. praxeology, 31–34, 68, 86–89, 108
Positivism (Mises, Richard von), 87n34
praxeology of F.A. Hayek, 85, 111–12
vs. positivism, 31–34, 68, 86–89, 108
relation to human history, 110
Pribram, Karl, 95
Prices and Production (Hayek), 98
Principles of Economics (Menger), 6n1
Privatseminar. See seminars led by Mises
Problems of Economics and Sociology (Menger), 6n1
“Profit and Loss” (Mises), 110
purchasing power of money, 14–17, 56, 60–61
Rappard, William E., 99, 115–16
Regression Theorem, 16–17, 60–62
Reisman, George, 111n64
The Review of Austrian Economics, 113
Ricardian economics, 4–5
Ricardo, David, 3, 15, 55, 57–58, 63
Rickert, Heinrich, 33
Riefler, Winfield W., 105–06
Rivalry and Central Planning (Lavoie), 82n28
Robbins, Lionel, 38, 82, 94, 97–98, 99
Essay on the Nature and Significance of Economic Science, 33–34
Robertson, D.H., 97
Rockefeller Foundation, 96, 102
Röpke, Wilhelm, 43, 82, 98, 99, 111
Rosenberg, Wilhelm, 76–77, 101
Rosenstein-Rodan, Paul N., 92, 94
Rothbard, Murray N., 110n62
“The Austrian Theory of Money,” 61n11
“Ludwig von Mises and the Paradigm for Our Age,” 45n23
Man, Economy, and State, 61n11
Toward a Reconstruction of Utility and Welfare Economics, 60n10, 61n11
Rougier, Louis, 99
Rudolf (Archduke of Austria-Hungary), 101
Rueff, Jacques, 27, 43, 47, 98, 111
Rüstow, Alexander, 98
Salerno, Joseph Conversations with Professor Salerno, 82n29
Sargent, Noel, 103
Say, Jean-Baptiste, 86
Scheler, Max, 86n34
Schiff, Erich, 94
Schlick, Moritz J., 86n34
Schumpeter, Joseph, 117
Schütz, Alfred, 94
Seipel, Ignaz, 76
seminars led by Böhm-Bawerk, 13, 19, 59, 67, 74
seminars led by Hayek, 38
seminars led by Mises in New York, 42–44, 104–08, 115, 117
in Vienna, 25, 68, 70, 73, 86, 91–98, 99
Senior, Nassau, 86
Shackle, G.L.S., 97
Shelly, Percy, 118
Shorter Classics of Böhm-Bawerk (Böhm-Bawerk), 7n3
Smith, Adam, 84–85
Social Democratic Party, 75
socialism critique of, in Human Action, 108
economic calculation and, 29–30, 69, 79–85, 98
in the Nazi regime, 41–42
Socialism (Mises), 29–30, 80–81, 85, 97, 110
Southwest German School, 32–33
Spann, Othmar, 69–70, 71n17, 95
Stonier, Alfred, 94
Strigl, Richard von, 94
Sulzbach, Walter, 98
Theory and History (Mises), 32, 110
Theory of Money and Credit (Mises), 13–19, 21, 25, 39, 55–65, 61n11, 67–72, 81, 83, 110
Theory of Wages (Hicks), 98n45
time preference theory, 9–11, 22–23, 26, 36–37, 63, 108
Tintner, Gerhard, 93, 94, 96n42
Toward a Reconstruction of Utility and Welfare Economics (Rothbard), 60n10, 61n11
Treatise on Money (Keynes), 72
“Tribute to Ludwig von Mises” (Hayek), 72
The Ultimate Foundation of EconomicScience (Mises), 32, 111
“The Ultimate Standard of Value,” Shorter Classics of Böhm-Bawerk (Böhm-Bawerk), 7n3
Unemployment, a Problem ofIndustry (Beveridge), 97
University of Geneva, 99
University of Vienna Böhm-Bawerk’s seminar, 67–68
Mises as professor, 25, 68–69, 71n17, 91
Mises as student, 3, 13, 52–53
usury, 9–10
The Value of Money (Anderson), 72
value paradox, 7
Van Sickle, John V., 94, 96, 102
Vienna Chamber of Commerce. See Chamber of Commerce Vienna Circle, 86
Vienna Commercial Academy for Women, 53
Voegelin, Erich, 94
Wald, Abraham, 96n42
Wieser, Friedrich von, 6, 68–69, 71
William Volker Fund. See Volker Fund
Windelband, Wilhelm, 33
Wittgenstein, Ludwig, 87n34
World War II, 100
Yale University Press, 107, 110
Zur Lehre von den Bedbürfnissen (Cuhel), 60n10
The Essential von Mises
Read the whole book online · Book details
This work is published under a Creative Commons licence. You may copy, share, and re-host it with attribution.