Economia de Mises

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

Peter J. Boettke

George Mason University - Department of Economics

Peter T. Leeson

George Mason University - Department of Economics
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.
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.

Number of Pages in PDF File: 11
Keywords: Ludwig von Mises, political economy, praxeology
JEL Classification: B31, B41, B53, P5

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Date posted: June 19, 2015  

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: http://ssrn.com/abstract=2619432