Ludwig von Mises
EconomistAustrian1881–1973· Austrian-American
The intellectual father of the modern Austrian school. His 1912 The Theory of Money and Credit derived the regression theorem (why money has value) and laid the groundwork for the entire Austrian critique of fiat — the foundation Hayek, Rothbard, and the modern hard-money tradition build on.
| Key Ideas | Regression theoremAustrian business cyclesound moneycalculation problem |
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