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'''Ludwig von Mises''' (1881-1973) was an [[Austria]]n-born economist who emigrated to the [[United States]] to escape [[Nazi]] persecution. He was an advocate of free market and ''laissez-faire'' policies, and was an outspoken critic of socialism and is considered the founder the "neo-Austrian School" of economics. Mises also felt that government should not take positions on morality either.

'''Ludwig von Mises''' (1881-1973) was an [[Austria]]n-born economist who emigrated to the [[United States]] to escape [[Nazi]] persecution. He was an advocate of free market and ''laissez-faire'' policies, and was an outspoken critic of [[socialism]] and is considered the founder the "neo-Austrian School" of economics. Mises also felt that government should not take positions on morality either.

Mises built on the [[Austrian school of economics]] founded by Carl Menger, as expressed in his book ''Principles of Economics''. Mises supported the Austrian emphasis on individual action and the benefits of a free-market economy.

Mises built on the [[Austrian school of economics]] founded by [[Carl Menger]], as expressed in his book ''Principles of Economics''. Mises supported the Austrian emphasis on individual action and the benefits of a free-market economy.

Mises' classic work was "The Theory of Money and Credit" (1912), in which he integrated [[macroeconomics]] into [[microeconomics]] by integrating the theory of money into the general theory of marginal utility. Other Austrian economists rejected his work, forcing Mises to start a neo-Austrian school of economics.

Mises' classic work was "The Theory of Money and Credit" (1912), in which he integrated [[macroeconomics]] into [[microeconomics]] by integrating the theory of money into the general theory of marginal utility. Other Austrian economists rejected his work, forcing Mises to start a neo-Austrian school of economics.

[http://mises.org/ Ludwig Von Misses Institute]

[http://mises.org/ Ludwig Von Misses Institute]

{{DEFAULTSORT: von Mises, Ludwig}}

{{DEFAULTSORT: Mises, Ludwig von }}

[[Category:Nobel laureates in Economics]]

[[Category:Nobel laureates in Economics]]

[[Category:Economists]]

[[Category:Economists]]