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Nationalist Otmarom Shpannom. As the reason for that has served not only Jewish
Origin of Mizesa, but also its liberal belief incompatible with
Sights of nationalist adjusted economists-statesmen, and it
The passion to teaching has found the way out in organised by Ludwig a background Mizesom
The private seminar working in the Chamber of commerce with 1920 for 1934.
Many young men, whose names were participants of a seminar - pupils of Mizesa
Subsequently have become history of social thought. Among them economists of Fridrih
Hayek - the future Nobel winner of 1973, it Mahlup, Gottfried Haberler,
The mathematician and philosopher Charles the Menger-junior, sociologist Alfred Shjults.
In 1926 Mizes has based the Austrian institute of research of business cycles.
Four years later it became a member of the prestigious governmental commission on
To economic problems of Austria. One for other there are its new books. In
In them finds the further development and a substantiation the thesis that unique
Reasonable economic policy for modern industrial company
There can be only a liberalism, uncontrolled liberty granting acting on
The market to commodity producers. Absolute bases of a civilisation are, on
- , a division of labour, a private property and a free exchange. If
The socialism as economic system in general is doomed to crash, other
Interference in an economic life, unconditionally, it is harmful to company,
Generates instability, infringes natural process.
World crisis 1929 - made active 1933 supporters of the state
Interferences in an economic life. Delano proclaimed Franklin
Roosevelt "the New rate" in the USA, generated in Great Britain and
The doctrine of John Majnarda Keynes picked up in a number of the countries acquired all
It is more than adherents. On the other hand, in favour of state regulation
Economy spoke is noisy advertised successes of the first five-years periods in the USSR.
In these conditions the considerable will, intellectual courage were necessary and
Firmness to throw down an open challenge as to socialists, and
To interventionists. These qualities had Ludwig a background of Mizes and
Generated as the scientist under its influence Fridrih Hayek. They became
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