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Ludwig Von Mises: The Man and His Economics

AUTHOR: Israel M. Kirzner
ISBN: 1882926684

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         Editorial Review

Ludwig Von Mises: The Man and His Economics
- Book Review,
by Israel M. Kirzner


From Booklist
Austrian-born economist Ludwig von Mises (who died in 1973) was a professor at New York University for nearly 25 years, until 1969. A free-market advocate who believed in the power of the consumer, Mises was one of the leading members of what is called "the Austrian school of economics." There are already any number of scholarly works that examine Mises' life and his theories. This latest book, though, is part of a new series called Library of Modern Thinkers, which is designed to make the ideas of less well known sociologists, political scientists, and economists accessible to a more general audience. Kirzner, author of Discovery, Capitalism, and Distributive Justice (1989), was a student and ardent admirer of Mises. He sketches a brief biographical portrait of his former professor to provide "the human and historical context within which Mises' intellectual contributions emerged." Kirzner then examines Mises' impact on contemporary economics, outlines his methodology, and summarizes his key ideas--focusing on the market process, money, cycles, interest, and free markets. David Rouse
Copyright © American Library Association. All rights reserved


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         Book Review

Ludwig Von Mises: The Man and His Economics
- Book Reviews,
by Israel M. Kirzner

Ludwig Von Mises: The Man and His Economics

FROM THE PUBLISHER

The work of Ludwig von Mises exercised enormous influence upon the thought of libertarians, classical liberals, anticommunists, and even traditionalist conservatives during the postwar years. But, as Israel Kirzner shows in the second installment in our Library of Modern Thinkers series, Mises� dedication was always first and foremost to discovering truthsand destroying falsehoodswithin the science of economics. In this thorough yet concise introduction to Mises� life, economics, and influence, Kirzner (a former student of Mises and an influential free-market economist himself) traces the key elements of Mises� life, explains his core contributions to economic theory, and assesses his impact on twentieth-century economics and political thought.

FROM THE CRITICS

Booknews

A brief intellectual biography of the development of von Mises' economic thought. Kirzner (New York U.), a former student of von Mises, looks at the influences of the economic debates in Europe on von Mises' thought, traces his theories as they developed in his writings, and discusses both critical and supportive commentators on von Mises. Annotation c. Book News, Inc., Portland, OR (booknews.com)

WHAT PEOPLE ARE SAYING

Llewellyn H. Rockwell, Jr., Founder and President, The Ludwig von Mises Institute
ISI and Professor Kirzner are to be congratulated for this stimulating look at the life and work of Ludwig von Mises, who was surely the economic genius of the century. This book, by a leading student and follower, helps gain for Mises the credit he deserves for explaining the business cycle and proving that socialism cannot work, among the many other contributions expertly chronicled in these pages.  — Llewellyn H. Rockwell

Leonard P. Liggio, Law School, George Mason University, and Distinguished Senior Scholar, Institute for Humane Studies, George Mason UniversityThe Library of Modern Thinkers is a series of authoritative introductions to the thought of important intellectual figures. Critical yet accessible, they will instruct anyone seeking to understand the central questions of our time. Professor Kirzner�s Ludwig von Mises: The Man and His Economics is a thorough and detailed presentation of the work of the greatest economist of the twentieth century. Kirzner�s clear analysis of the theoretical contributions of Mises is a needed scholarly achievement.  — Leonard P. Liggio

John J. Bethune, Kennedy Chair of Free Enterprise, Barton College, Wilson, North Carolina
There is no one better suited than Israel Kirzner for writing a biographical piece on Ludwig von Mises. As would be expected, the result of Kirzner�s efforts is a masterful work that presents a rather complete picture of Mises� economic vision. In clear and concise prose, the economic thought of Mises is explored, giving the reader a greater knowledge of, and appreciation for, the economics of Mises and the Austrian School. — John J. Bethune

ACCREDITATION

Israel M. Kirzner received his Ph.D. under Mises in 1957, and has been on the faculty at NYU ever since receiving his doctorate. The author of eleven booksincluding Competition and Entrepreneurship; Discovery, Capitalism and Distributive Justice (University of Chicago Press, 1973), and The Meaning of Market Process: Essays in the Development of Modern Austrian Economics (Routledge, 1992)editor of five volumes, and author of over a hundred scholarly articles, Professor Kirzner has during his career lectured widely on Austrian economics at universities and conferences around the world, and has played a leading role in the late-twentieth-century revival of Austrian economics.


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