Wednesday, May 06, 2009

Ludwig Van Mieses

Ludwig Von Mieses, an Austria Economist published in 1912 his Book : „Die Theorie des Geldes“. Mieses predicted the “big crash” in 1924 and after being offered him a senior position at the Kreditanstalt Bank in Vienna, that he refused, he explained his wife the following:

“A great crash is coming, and I don’t want my name in any way connected with it.” “If you want a rich man,” he said, “don’t marry me. I am not interested in earning money. I am writing about money, but will never have much of my own.” 1)

Instead, he preferred to write and teach.

1) Mises, Margit von. 1984. My Years With Ludwig von Mises, 2nd ed. Cedar Falls, IA: Center for Futures Education. pp. 23-24.

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