Source: Law & Liberty
by Peter Mentzel
“Ludwig von Mises (1881–1973) is known principally, and rightly, as one of the founders and chief theorists of the Austrian School of Economics. Perhaps less well-known are his important contributions to the social sciences, especially sociology and history. Mises’[s] second book, Nation, State, and Economy, (published in 1919 as Nation, Staat, und Wirtschaft, and kept in print by Liberty Fund) draws on all of these fields, as well as economics. Written immediately after the cataclysm of World War I (and published in the same year as John Mayard Keynes’ much more famous The Economic Consequences of the Peace) Mises’[s] book offers, in his words, ‘observations about the crisis in world history that we are living through and contributions to understanding the political conditions of our time.'” (01/27/25)