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The economist as the historian of decline: Ludwig von Mises and Austria between the two World Wars

Chapter

The economist as the historian of decline: Ludwig von Mises and Austria between the two World Wars

DOI link for The economist as the historian of decline: Ludwig von Mises and Austria between the two World Wars

The economist as the historian of decline: Ludwig von Mises and Austria between the two World Wars book

The economist as the historian of decline: Ludwig von Mises and Austria between the two World Wars

DOI link for The economist as the historian of decline: Ludwig von Mises and Austria between the two World Wars

The economist as the historian of decline: Ludwig von Mises and Austria between the two World Wars book

ByRichard M Ebeling
BookPolitical Economy, Public Policy and Monetary Economics

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Edition 1st Edition
First Published 2009
Imprint Routledge
Pages 53
eBook ISBN 9780203861486

ABSTRACT

Ludwig von Mises and his place in Austria between the two World Wars In the months immediately after he arrived in the United States in the summer of 1940, Ludwig von Mises set down on paper his reflections on his life and contributions to the social sciences. But his Notes and Recollections is less a detailed autobiography and more a restatement of his most strongly held ideas in the context of the times in which he had lived in Europe. It carries in it a tone of despair and dismay about the direction in which European civilization seemed to be moving at the end of the first four decades of the twentieth century. In clear anguish and frustration, he summarized how he viewed his efforts as an economist in Europe in general and Austria in particular during those years between the two world wars:

Occasionally I entertained the hope that my writings would bear practical fruit and show the way for policy. Constantly I have been looking for evidence of a change in ideology. But I have never allowed myself to be deceived. I have to come realize that my theories explain the degeneration of a great civilization; they do not prevent it. I set out to be a reformer, but only became the historian of decline.1

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