Mises : the last knight of liberalism

2007·45.7 MB·English

by  Hülsmann, Jörg Guido

org Guido Hiilsmann
MlSES
The Last Knight ofLiberalism
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MiSES
The Last Knight ofLiberalism
JORG GUIDO HULSMANN
vonMises
Institute
AUBURN,ALABAMA
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ISBN:9784-93355048-3
Contents
Preface xi
Acknowledgments xv
PartI YoungLudwig 1
1. Roots 3
2. SchoolYears 21
Vienna 21
VienneseJews 27
AkademischesGymnasium 33
Austria-Hungary 46
Socialisms,AustrianStyle 53
WhichCareer? 59
3. AlmaMaterRudolphina 61
TheGriinbergSeminar 66
MilitaryServiceandDeathofHisFather 74
InthePhilippovichSeminar 77
BirthofanEconomist 87
YearswithaMaster 93
PartII TheAustrianSchool 99
4. FindesiecleEconomicScience 101
—
CarlMenger Pioneerof"EmpiricalTheory" 101
Manger'sWorkintheGermanContext 115
V
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vi Mises:TheLastKnightofLiberalism
Methodenstreit 117
TheAustrianSchoolandtheGossen School 125
TheBreakthroughoftheAustrianSchool 136
EugenvonBohm-Bawerk 141
FriedrichvonWieser 150
JosephA.Schumpeter 162
5. EarlyProfessions 175
DifficultStartinProfessionalLife 179
TheParallelLife 182
Kammer 187
StormClouds 193
\^ennaMeetingofthe VereinfurSocialpolitik 195
BreakthroughattheKammer 205
TheoryofMoney 207
6. TreatiseonMoney 211
TheNatureofMoney 215
IntegrationofValueTheoryandtheTheoryofMoney 223
Wieser'sTheoryofMoney 225
Mises'sTheoryoftheValueofMoney 236
MoneyisNotNeutral:CantillonEffects 240
ExchangeRateDetermination:Purchasing
PowerTheory 244
Fractional-ReserveBankingandBusinessCycles 249
PartIII Ofhcer,Gentleman,Scholar 255
7. TheGreatWar 257
FirstYearinBattle 258
TheHomeFront 269
BacktotheFront 278
NewLife 286
ALastMission 291
8. Nation,State,andEconomy 299
Migrations,MixedPopulations,andModernImperialism ...301
TheUtilitarianMethodofSocialAnalysis 306
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1
Contents vii
TheFallaciesofGermanSocialisminWarandPeace 310
PoliticalEconomyofLanguageCommunities 316
9. 1919 325
NewBattlefields 327
PostwarSocialismandtheSpecterofAnarchy 330
Pro-GovernmentEmergencies 344
TowardSoundMoney 350
ViennaCircles 360
\0. ACopernicanShift 369
TheArgument 373
TheIntehectualContext 380
Triumph 392
TheIncompleteRevolution 399
11. ATreatiseonSocialism 405
BenefitsDerivedfromtheMeansofProduction
underCapitalism 407
TheUtilitarianCaseforDemocracy 410
PoliticalEconomyoftheFamily 413
ImplicationsoftheCalculationProblem 418
—
MoralHazard TheOtherNemesisofSocialism 422
TheFeebleandCompromisingJohnStuartMill 424
TheLawofAssociation 426
MonopolyTheory 43
ChristianEthicsversustheMarket? 437
Socialism=Destructionism 443
PartIV MisesinHisPrime 447
12. WindsofWar 449
HayekandtheBureauforClaimsSettlements 451
FightingInflation 455
Seminars 461
Wieser'sLongShadow 464
TheLSEConnection 479
AdventoftheGold-ExchangeStandard 483
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Mises:TheLastKnightofLiberalism
Hyperinflation,Currenq^Competition,andMonetary
Reform 493
TheoryofMoneyandCreditReconsidered 505
GermanEconomistsReturntoClassicalLiberalism 508
SilverLiningsontheHorizon 513
13. ASysteiiiofPoliticalPhilosophy 523
FirstOutlineofaTheoryofInterventionism 525
Critiqueofthe"Anti-Marxists" 530
CritiqueoftheNewLiberals 538
TheTransformationofEconomicScience 544
Liberalismus 556
14. Booms 565
1926Journeys 567
InstituteforBusinessCycleResearch 573
AustrianPoliticsattheOnsetoftheGold-Exchange
Standard 577
FreeTrade,MonetaryStabilization,andCyclicalPolicy ...581
TheNewTheoreticians 585
TheTheoryofValueReconsidered 589
TowardaNewEpistemologyoftheSocialSciences 599
APrivateBoom-Bust 606
15. Crises 611
TheCausesoftheGreatDepression 617
ALieutenantinLondon 631
ReturntoForeign-ExchangeControls 640
SecondEditionofSocialism 652
DresdenMeetingofthe VereinfurSozialpolitik 657
EconomicTheoryCompleted 664
TwilightinVienna 674
PartV MisesinGeneva 681
16. TheGenevaYears 683
InstitutdesHautesEtudesInternationales 685
AcademicLife 689
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Contents ix
AlienationfromFormerAssociates 698
MisesandtheNeo-Liberals 708
PopularFronts 712
ProfoundTransformations 719
TheWalterLippmannColloquium 734
PlansforaftertheWar 740
EscapefromEurope 746
17. ATreatiseonEconomics 759
TheSysteminanOverview 761
Anti-Psychologism 765
CapitalismandLiberalismareRational 767
Equilibrium,ProfitandLoss,andEntrepreneurship 770
ConsumerSovereigntyandInterest 773
BusinessCycleTheoryRestated 779
UpdateoftheSocialist-CalculationDebate 781
APureCashBalanceApproach 785
PartVI MisesinAmerica 787
18. EmigreinNewYork 789
ArrivalinNewYork 790
NationalBureauofEconomicResearch 798
DarkHoursandNewPlans 800
SixWeeksinMexico 812
TheAustrianNationalCommittee 816
NewFriends 821
AmericanCitizen 832
19. BirthofaMovement 837
LibertarianSeedbeds 839
TheLongVisitatNewYorkUniversity 845
LeonardReadandtheFEE 849
FrederickNymeyer 853
MisesDebatesAmericanLibertarians 857
PlannedChaos 862
AConferenceatMontPelerin 864
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