The Place of Nationalökonomie: Theorie Des Handelns Und Wirtschaftens in Modern Political Economy
The Place of Nationalökonomie: Theorie des Handelns und Wirtschaftens in Modern Political Economy, in Peter Boettke and Peter Leeson, eds., The Legacy Of Ludwig von Mises Volume 1: Theory (Edward Elgar), 2006, pp. 79-93.
15 Pages Posted: 24 Sep 2015
Date Written: September 21, 2015
This paper contends that Mises' work, both in Nationalökonomie and Human Action, provides us with an integrated treatise on economics and social theory which has had a tremendous intellectual influence in the second half of the 20th century. Mises' treatise can be seen as responsible for three major movements. First, Mises' work was not the last work of a dead school of economic thought, but actually the first work in a revolutionary research program for economic science that is still developing. Second, Mises' book rallied the anti-Communist intellectual forces around a book that represented a direct challenge to Marx's works on a technical, philosophical, and polemical level. Third, Mises' work was one of the main intellectual inspirations behind the rebirth of classical liberal political economy, and the unification of the related discipline through a common means of analysis - methodological individualism. In short, Mises' work is the fountainhead for the rational choice revolution in social science.
Keywords: Ludwig Von Mises, Nationalökonomie, Human Action
JEL Classification: B31; B53
Suggested Citation: Suggested Citation