Political Economy, Public Policy, and Monetary Economics: Ludwig von Mises and the Austrian Tradition.
The fact that Lachmann and Mises shared similar views on the nature of expectations but drew very different implications from them regarding the strength of equilibrating forces has been largely neglected in the modern literature on the subject Some scholars, while analyzing Lachmann's work on the nature of expectations and its implications for the process of equilibration, repeat his assertion that Mises gave short shrift to the subject.
Mises describes various types of monopoly, including incomplete monopoly, license monopoly, limited space monopoly, local monopoly, and failure monopoly.
Like Hildebrand, Mises despised the Nazis and denounced these national socialists along with the international socialists at every opportunity.
Having defined money, Mises turns to the definition of credit.
I now provide textual evidence to support the claim that Mises himself viewed his argument this way.
Mises adopted Menger's theory of value, developed certain elements of Bohm-Bawerk's and Frank Fetter's theories of time preference (while rejecting their wider frameworks), and drew upon his own rationalist epistemology of praxeology to construct a highly original pure time-preference theory of interest.
Von Mises was an Austrian who emigrated to the United States just before the Second World War, served as a member of the editorial board of American Opinion (a parent magazine of THE NEW AMERICAN), and lived the Cassandra complex that Scarborough said Schiff had endured.
Mises showed that all economic systems can be categorized into three classes: capitalism, socialism, and interventionism.
In what follows, I bring together Adam Smith and Mises to demonstrate the ways in which monetary calculation is the central institution for the extension of social cooperation into anonymity.
This article examines the narrative function of mises en abyme in Emile Zola's La Curee, using the theoretical framework proposed by Dallenbach in Le Recit speculaire.