Von Mises (Ludwig von)

Ludwig von Mises was an influential economist and social philosopher known for his work on free-market economics and individual liberty. He argued that economic decisions are most effective when made by individuals rather than government intervention. His ideas emphasize the importance of voluntary trade, private property, and limited government to foster economic growth and personal freedom. Mises contributed significantly to the Austrian School of economic thought, advocating for the understanding of how markets naturally self-regulate and criticizing socialism and excessive state control. His work has shaped modern libertarian thought and debates over economic policy.