1945 Becomes Visiting Professor at New York University's Graduate School
- of Business, a position he maintained until his retirement in 1969.
"European Experiences with Price Control." The Commercial and Financial Chronicle. 162:4448(December 20, 1945)1ff. Inflation cannot be halted through price control while preserving a free economy. A complete policy of price control, in the style of that adopted in Germany during World War 1, is equivalent to full state control of the economy. Included as "Inflation and Price Control" in Planning for Freedom.
as a separate 12-page pamphlet: "Inflation and Price Control."
Irvington, N.Y.: Foundation for Economic Education, 1970.
Inserted by Congressman John J. Rousselot in the Congressional Record as "Inflation--Cause and Effect." 117:170(Extension of Remarks, 92nd Congress, 1st session, November 10, 1971)E12058.
Last two sections published as "Price-Wage Freeze BAD, Says Economist," Applied Christianity (January 1973)45-47.
Spanish translation by Salvador Abascal Carranza: "Inflacion y Control de Precios," published in pamphlet form. Mexico: Instituto de la Integración Iberoamericana, 1982.
Review of A Challenge to Peacemakers: Conflicting National Aspirations in Central and Eastern Europe. Joseph S. Roucek, editor. (Philadelphia: American Academy of Political and Social Science). Annals 232 (1944). The American Journal of International Law (January 1945)151-52.
"Planning for Freedom," an address March 30, 1945, before the American Academy of Political Science in Philadelphia. Published, together with a speech by Rufus S. Tucker before the same audience, in a 24-page pamphlet: Economic Planning (New York: Dynamic America, 1945)3-12. It is false that the capitalist economy is unplanned. The use of the coordinating mechanism of the market is in fact the only rational way in which economic planning can occur. Included in the Mises anthology, Planning for Freedom.
in Vital Speeches of the Day. 11:14(May
Reprinted by Register Publishing Company (Santa Ana, California).
Reprinted as "The Myth of the Mixed Economy." American Affairs (National Industrial Conference board). 7:3(July 1945)169-74.
Reprinted in Freedom. New York: Dynamic America.(March 1946)1-14.
Reprinted as "Interventionism and the Free Market." Basic Economics: A Book of Readings. Arthur D. Gayer, C. Lowell Harriss and Milton H. Spencer, eds. (Englewood Cliffs, N.J.: Prentice-Hall, 1951)605-10.
Spanish translation: "Planificar para la Libertad." Tres Mensajes. Buenos Aires: Centro de Difusión de la Economía Libre.(1959)51-71.
Spanish translation "Planificar para la Libertad." Temas Contemporáneos. Mexico: Instituto de Investigaciones Sociales y Económicas. 5:68(August 1, 1960).
Spanish translation "Planificación para la Libertad." Tópicos de Actualidad Guatemala: Centro de Estudios en Económico-Sociales. 7:120(February 15, 1966).
Spanish translation by Eduardo L. Suárez: "Planeación Para la Libertad." Ludwig von Mises: Infatigable Luchador Contra la Economía Ficticia [Ludwig von Mises: Indefatigable Fighter Against False Economics]. (Mexico: Centro de Estudios en Economía y Educación, 1983)55-67.
"The Clash of Group Interests." Approaches to National Unity, Fifth Symposium. New York: Conference on Science, Philosophy and Religion in their Relation to the Democratic Way of Life.(1945)148-60. The problems of conflicting groups arise not from intrinsic antagonism, but from the use of the state by interest groups to advance their members' interests through coercion. Only through a laissez-faire economic policy can groups resolve their differences peacefully. Included in Monograph, The Clash of Group Interests and Other Essays, 1978. Included in Money, Method, and the Market Process.
1946 Acquires U.S. citizenship. Appointed part-time staff member of the
- Foundation for Economic Education. Member, Economic Commission
Principles of the National Manufacturers' Association and as such
consulted in the preparation of the American Individual Enterprise
System, 2 vols.(McGraw-Hill, 1946), the product of "The consensus of
judgment among the Commission members."
"Business Under German Inflation." The Commercial and Financial Chronicle. 163:4470(March 7, 1946)1ff.
"The Trade Cycle and Credit Expansion." Memorandum(April 24, 1946) prepared for a committee of businessmen for whom he served as consultant. Included in On the Manipulation of Money and Credit, (1978).
1947 Mont Pèlerin Society Founded.
Planned Chaos. Foreword
by Leonard E. Read. Irvington-on-Hudson, N.Y.: Foundation for Economic
Education, 1947. This booklet, reprinted in the currently available
edition of Socialism, reiterates in popular terms Mises's contention
that socialist economic calculation is impossible. The Soviet economy
could not function without the use of capitalist prices.
Mises explains the aggressiveness of Russian foreign policy, and efforts by the Soviet government to shut off information to its citizens from the outside world. This is necessary to prevent superior economies from being seen to disprove the propagandist claims of communism.
translation: Le Chaos du
Planisme. Translated by J.-P. Hamilius. Paris:
Éditions Génin, Librairie de Médicis,
Russian translation by Boris Pinsker published together with Pinsker's Russian translations of Bureaucracy and The Anti-Capitalistic Mentality. Moscow(Russia): Catallaxy, 1993.
IN PROCESS: Dutch translation.
Observations on the Cooperative Movement. New York: Petroleum Industry Research Foundation, 1947. Cooperatives do not provide a more desirable alternative to workers than ordinary business enterprises. Most workers do not wish to risk losing their wages should their business suffer losses: in the ordinary capitalist enterprise, it is the employer who bears such loss. Further, in the capitalist economy, it is the consumers who actually "run" things. Reprinted in Money, Method, and the Market Process, 1990.
"Le Capitalisme a-t-il fait faillite?" [Has Capitalism Failed?]. France-Amérique. No.80(November 23, 1947)1,7.
"We Must Control Credit." Contribution to a symposium, "Can an Economic Depression be Avoided?" The New York Times Magazine. (April 13, 1947)7,71-75.
"Economics as a Bridge for Interhuman Understanding." Prepared for the Sixth Conference(1945) on Science, Philosophy and Religion, "Approaches to Group Understanding." New York: Harper & Bros.(1947)303-18. Included in Economic Freedom and Interventionism.
"The Objectives of Economic Education." March 1,1948. Mimeographed. First published in Spanish translation: "Los Objetivos Inmediatos de la Educación Económica." Carta Mensual. Mexico: Asociación de Banqueros). 3:27/28(July and August 1948)92-103.
translation by Lic. Gustavo R. Velasco, with Prologue by the
translator, reprinted in pamphlet form. Mexico: Instituto
Tecnológico de México, Asociación
Mexicana de Cultura.(n.d.)
Reprinted: Temas Contemporáneos. Mexico: Instituto de Investigaciones Sociales y Económicas. 6:72(December 1, 1960)
Reprinted as a booklet. Buenos Aires: Centro de Estudios Sobre la Libertad.(1960).
Major portion of original mimeographed version included Economic Freedom and Interventionism and in The Freeman. 41:4(April 1991)148-52.
"Stones into Bread, the Keynesian Miracle." Plain Talk. 2:6(March 1948)21-27. Included in Planning for Freedom. Keynesian economics is unsound: how then did it replace sound economics in America and Europe? It did so through the extravagant and unsound promises of Lord Keynes, based upon a spurious appeal to the benefits of inflation. Included in Critics of Keynesian Economics. Henry Hazlitt, ed. Princeton, N.J.: Van Nostrand, (1960)305-15.
"Eugen Richter." Plain Talk. (January 1948)49-50. Introduction to excerpts of Richter's Pictures of the Socialistic Future (1891). Mises comments on Richter (1838-1906), leader of the German liberal party, who "tried to stem the rising tide of totalitarianism."
"Should We Return to a Gold Standard?" Remarks in a Symposium, Studies in Business Economics. No. 17 New York: National Industrial Conference Board.(1948)43.
Human Action: A Treatise on Economics. A comprehensive and systematic treatise on economics,social philosophy, and the social sciences, Mises' major economic treatise, his magnum opus. A survey of the science of human action, its epistemology (methodology), its theories derived by reasoning logically from a priori axioms, and their application to specific economic phenomena. more
- Human Action: A Treatise on Economics. New Haven:
Yale University Press, 1949.
British edition. Human Action: A Treatise on Economics. London: W. Hodge & Co., 1949.
Italian translation: L`Azione Umana: Trattato di Economia. Translated and edited by Tullio Bagiotti. Turin: Unione Tipografico, Editrice Torinese, 1959.
Spanish translation: La Acción Humana: Tratado de Economía. Translated by Joaquín Reig Albiol. Valencia: Fundación Ignacio Villalonga, 1960. 2 vols. Second edition, revised and enlarged. New revised edition. New Haven: Yale University Press, 1962.
Third edition. 3rd revised edition. Chicago: Henry Regnery, 1996.
Second Spanish-language edition, incorporating Mises' second and third edition changes and additions: La Acción Humana: Tratado de Economía. Translation by Joaquín Reig Albiol. Madrid: Editorial Sopec, 1968.
Chinese translation by Tao-Ping Hsia. 2 vols, 1976/7.
Reprint of third revised edition(1966). 3rd revised edition. Chicago: Contemporary Books, 1978.
Third Spanish language edition: translation made from 3rd(1966) English language edition: La Acción Humana: Tratado de Economia. Madrid: Unión Editorial, 1980.
French translation of the third revised edition: L`Action Humaine: Traté d`Économie. Translated by Raoul Audouin. Paris: Presses Universitares de France, 1985.
Contemporary Books reprint (3rd revised ed.) with a new preface by Margit von Mises. Issued in a special limited leatherbound edition(200 copies) by Laissez Faire Books(New York), 1985.
Fourth Spanish edition, paperback. Reprint of third(1980) edition; Madrid: Union Editorial, 1986.
Contemporary Books paperback reprint(3rd revised ed.):San Francisco & New York: Laissez Faire Books, 1990.
Portuguese translation of 3rd revised ed.: Açao Humana: um Tratado de Economia. Translated by Donald Stewart Jr. Rio de Janeiro: Il Instituto Liberal, 1990.
Unabridged audiotape version: Human Action. Read by Bernard Mayes. Ashland, Ore.: Classics on Tape, 1990. 30 cassettes.
Chinese translation by Tao-Ping Hsia(1976/7 revised by Hui-Lin Wu. Taipei, Taiwan: Yuan Liu Publishing Co.,1991 Nos. 1 & 2 in series of famous books on liberalism. 2 vols.
Japanese translation: Ningen-Koi-Gaku. Translated by Toshio Murata. Tokyo: Shunju Sha, Inc., 1991.
Fifth Spanish edition. Reprint of fourth(1986) edition; La Acción Humana: Tratado de Economia. Madrid: Unión Editorial, 1995.
Scholar's Edition, reissue of first edition with new introduction by Jeffrey M. Herbener, Hans-Herman Hoppe, Jörg Guido Hülsmann and David Gordon and an expanded index. Auburn, Al.: Ludwig von Mises Institute, 1999.
"Laissez Faire or Dictatorship." Plain Talk: 3:4(January 1949)57-64. Included in Planning for Freedom. A policy of economic intervention is responsible for the rise of dictatorship in Germany. The Nazi system is not controlled by businessmen: on the contrary, owners of factories must carry out the orders of the state.
in The Classical Liberal. Caldwell,
Idaho: Center for the Study of Market Alternatives. New Series,
Dutch translation: "Laissez faire of dictatuur." Vraagstukken van heden en morgen. Comité ter Bestudering van Ordeningsvraagstukken. No. 10.
Spanish translation by Gustavo R. Velasco: "El Significado del Laissez Faire." El foro. Mexico: Órgano de la Barra Mexicana, Colegio de Abogados. Second Series. 6:2(June 1949)81-92.
Reprinted: Temas Contemporáneos. Mexico: Instituto de Investigaciones Sociales y Económicas. 7:78(June 1, 1961).
Reprinted: "Laissez Faire o Dictadura." Tópicos de Actualidad. Guatemala: Centro de Estudios Economíco-Sociales. 7:161(November 1, 1967).
"The Why of Human Action." Plain Talk. 3:12(September 1949)6-12. Prior to the publication of Mises' Human Action, he was asked by Plain Talk why he wrote the book: "Economics does not allow of any breaking up into special branches....All economic facts condition one another mutually. Each of the various economic problems must be dealt with in the frame of a comprehensive system assigning its due place and weight to every aspect of human wants and desires....To provide such a comprehensive analysis is the task of my book, Human Action: A Treatise on Economics." First three paragraphs reprinted as "Economists and Politicians." The Freeman 6:3(March 1956)45. Included in Economic Freedom and Interventionism."The Role of Doctrines in Human History" (undated and previously unpublished). Included in Money, Method, and the Market Process.