1. Ludwig von Mises
Ludwig von Mises "Economics deals with society's fundamental problems; it concerns everyone and belongs to all. ... In 1906 we received his doctorate in law and economics. ... He wanted to ground the economics of money and its purchasing power, which was previously called "price level."" ... These are only a few of the things Mises achieved in his first work, he also showed the role of banking in the supply of money, and showed that free banking, banking free from government control and dictation, would result not in wildly inflationary expansion of money, but in banks that would b...
- Word Count: 2749
- Approx Pages: 11
- Grade Level: Undergraduate