Introduction: The Economist as System Builder: Ludwig Von Mises and the Architect of Economic Science and Political Economy

Boettke, Peter J. and Leeson, Peter T., eds. 2006. The Legacy of Ludwig von Mises Volume 1: Theory. Northampton: Edward Elgar, pp. xi-xx.

11 Pages Posted: 19 Jun 2015

See all articles by Peter J. Boettke

Peter J. Boettke

George Mason University - Department of Economics

Peter T. Leeson

George Mason University - Department of Economics

Date Written: 2006

Abstract

In this introduction sketch the architecture of Mises' economics and political economy. Mises' overarching program is one of examining exchange (economic science) and the institutions within which exchange takes place (political economy). In recent years the economics profession has moved considerably in the direction that Mises pointed to some 50 years ago. The increasing recognition of the role for private property and entrepreneurship in securing economic development as well as the acknowledgement of the failure of central planning point to an important opportunity for a renaissance of Misesian political economy, with its emphasis on social cooperation, market process, and spontaneous order.

Keywords: Ludwig von Mises, political economy, praxeology

JEL Classification: B31, B41, B53, P5

Suggested Citation

Boettke, Peter J. and Leeson, Peter T., Introduction: The Economist as System Builder: Ludwig Von Mises and the Architect of Economic Science and Political Economy (2006). Boettke, Peter J. and Leeson, Peter T., eds. 2006. The Legacy of Ludwig von Mises Volume 1: Theory. Northampton: Edward Elgar, pp. xi-xx.. Available at SSRN: https://ssrn.com/abstract=2619432 or http://dx.doi.org/10.2139/ssrn.2619432

Peter J. Boettke (Contact Author)

George Mason University - Department of Economics ( email )

4400 University Drive
Fairfax, VA 22030
United States
703-993-1149 (Phone)
703-993-1133 (Fax)

Peter T. Leeson

George Mason University - Department of Economics ( email )

4400 University Drive
Fairfax, VA 22030
United States

HOME PAGE: http://www.peterleeson.com

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