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Mises and his money

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  • Simon Bilo

Abstract

When he arrived in the US, Ludwig von Mises faced financial difficulties and had to find new sources of income. I use archival material to build on the existing narratives and to present a more informed version of Mises’s finances and employment after his arrival. First, I document the financial struggles of the Mises family after arriving in the US and show that they were not as severe as other accounts suggest. Second, I look at Mises’s appointment letters from New York University (NYU) and find inconclusive the claims that private donors funded all his NYU income. Third, I look at some of the other noteworthy episodes of Mises’s financial history.

Suggested Citation

  • Simon Bilo, 2020. "Mises and his money," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 33(1), pages 121-137, March.
    • Handle: RePEc:kap:revaec:v:33:y:2020:i:1:d:10.1007_s11138-019-00444-1
    DOI: 10.1007/s11138-019-00444-1
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    References listed on IDEAS

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    More about this item

    Keywords

    Austrian economics; New York University; Ludwig von Mises; Volker Fund;
    All these keywords.

    JEL classification:

    • B25 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Historical; Institutional; Evolutionary; Austrian; Stockholm School
    • B31 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals - - - Individuals

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