Ludwig Von Mises

Born in Lemberg in the Austro-Hungarian Empire on September 29, 1881, he became an Austrian economist and social thinker whose work would later reach a wide international audience. He studied at the University of Vienna, where he developed the ideas that made him one of the best-known figures of the Austrian School.

Over the course of his career, he taught at the University of Vienna and later at the Graduate Institute in Geneva. After leaving Europe, he settled in the United States and continued writing and teaching in New York. Among his best-known books are The Theory of Money and Credit, Human Action, and Socialism.

He died in New York City on October 10, 1973. Remembered as an Austrian-American economist and philosopher, he is especially known for his defense of classical liberalism and for his arguments about the role of markets, prices, and consumer choice in economic life.