The Actual Ludwig Von Mises

Contrary to what the other page said about Ludwig Von Mises, there is more to him than the people who critique him. For instance Ludwig Von Mises, created a book called Human Action. This book known as The Economic Treatise created the science known as praxeology. This science is used to analyze human action with regards to Economics.

Ludwig Von Mises was also known to have created the Socialism Calculation problem,. Karl Marx in Communist Manifesto explicitly stated that one of the Communists prime motivations was to "abolish private property." There would be no way to calculate costs or businesses if this happened. There would be no way to calculate prices or calculate anything. He was correct. As we have seen from all Socialist and Communist attempts, they always fail.