New Mises Biography

4 September 2007 at 11:49 am 4 comments

| Peter Klein |

Congratulations to Guido Hülsmann for the release of his 1,200-page biography of Ludwig von Mises, titled Mises: The Last Knight of Liberalism. Buy a copy here or read the whole thing online here. I’ve just started and the early chapters are terrific, placing Mises’s scientific ideas in their turn-of-the-century Viennese context and emphasizing the Jewish roots of Mises’s liberal Weltanschauung. I can’t wait to read the rest.

Entry filed under: - Klein -, Austrian Economics, Classical Liberalism. Tags: .

“What Does Austrian Economics Predict?” JC Spender Wonders …

4 Comments Add your own

  • 1. David Gordon  |  4 September 2007 at 2:26 pm

    This is definitely one of the best biographies ever written of a great economist.

  • 2. Twofish  |  7 September 2007 at 2:13 am

    Great link, and I learned a bit more about why I find myself so attracted to von Mises and his ideas. The social situation of a Chinese-American circa 2007 is very similar to the social situation of an Austrian Jews circa 1880, and like von Mises, my family background is that of “fallen aristocracy.” Being “fallen aristocracy” puts you under a huge amount of psychological pressure, because you are surrounded by bits and pieces of past glory in the middle of the meagre present.

    The conflicted and complex feelings that liberal Austrians had with the Habsburg monarchy and the irony of supporters of liberalism supporting an at times repressive monarchy parallels the very complex feelings that I have toward the Chinese Communist Party.

    At times it is extremely painful for me to read about the history of Austria in the late 19th century because I know what happened in the 20th century. This is especially the case, because I doubt that anyone living in Austria would could have imagined how bad things would have gotten over the next 100 years, and that knowledge is frightening when you look around the United States in 2007, and realize that the fact things look nice and stable right now, doesn’t mean that it can’t all fall apart in horrific ways.

    One reason I like Austrian economics over mainstrean economics is that in Austrian economics, people matter. In mainstream economics, there is no room for human will and human choice. We are all “robots” (and the word robot is related to the forms of serfdom described in the early parts of the book). My hope is that future people will look at what I did and note that I did what I could to keep the United States and indeed the entire world from going down the path that Austria did.

    The one thing that I disagree with is with the title of the book, von Mises was not the last knight of liberalism.

  • 3. twofish  |  7 September 2007 at 2:22 am

    The one other thing that I thought the book brought out in the conflict between von Mises and the Randians is how basic assumptions about how the world works influences human behavior. If one believes as von Mises and Hayek does that the knowledge of the invididual is limited, then one is going to be very nice and polite toward people who you disagree with since they might will be right, and even if they aren’t, the have access to part of the truth that you need.

    If one believes that one is in possession of the truth, then there is no reason to be civil toward people who you disagree with.

    One other point is that I once made the statement that I learned a huge amount about Chinese nationalism by studying Hungarian nationalism, and the biography about von Mises touches on some of the things that I found. For example, there was a very strong debate over what it meant to be “Hungarian” and one of the ideas that lost was the idea of “Hungaranius” which was an inclusive notion of Hungarianness based on Latin. One curious parallel was the vital role of Latin in the Hungarian identity in the 19th century and the important role of Latin in my own life and in the development of the idea of “Confucianism.”

  • 4. Comments on biography on von Mises « Twofish’s Blog  |  7 September 2007 at 2:28 am

    [...] Comments on biography on von Mises Filed under: von mises, austrian economics, liberal arts, academia — twofish @ 7:28 am http://organizationsandmarkets.com/2007/09/04/new-mises-biography/ [...]

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Trackback this post  |  Subscribe to the comments via RSS Feed


Authors

Nicolai J. Foss | home | posts
Peter G. Klein | home | posts
Richard Langlois | home | posts
Lasse B. Lien | home | posts

Guests

Former Guests | posts

Networking

Recent Posts

Categories

Feeds

Our Recent Books

Nicolai J. Foss and Peter G. Klein, Organizing Entrepreneurial Judgment: A New Approach to the Firm (Cambridge University Press, 2012).
Peter G. Klein and Micheal E. Sykuta, eds., The Elgar Companion to Transaction Cost Economics (Edward Elgar, 2010).
Peter G. Klein, The Capitalist and the Entrepreneur: Essays on Organizations and Markets (Mises Institute, 2010).
Richard N. Langlois, The Dynamics of Industrial Capitalism: Schumpeter, Chandler, and the New Economy (Routledge, 2007).
Nicolai J. Foss, Strategy, Economic Organization, and the Knowledge Economy: The Coordination of Firms and Resources (Oxford University Press, 2005).
Raghu Garud, Arun Kumaraswamy, and Richard N. Langlois, eds., Managing in the Modular Age: Architectures, Networks and Organizations (Blackwell, 2003).
Nicolai J. Foss and Peter G. Klein, eds., Entrepreneurship and the Firm: Austrian Perspectives on Economic Organization (Elgar, 2002).
Nicolai J. Foss and Volker Mahnke, eds., Competence, Governance, and Entrepreneurship: Advances in Economic Strategy Research (Oxford, 2000).
Nicolai J. Foss and Paul L. Robertson, eds., Resources, Technology, and Strategy: Explorations in the Resource-based Perspective (Routledge, 2000).

Follow

Get every new post delivered to your Inbox.

Join 241 other followers