That Ludwig von Mises was one of the greatest economists of the 20th century should never be doubted. Mises never worked in scientific or popular obscurity despite the various mythologies that are told on both left and right. Prior to World War I, Mises had established himself as a leading economic theorist among the younger generation in German-language economics, and in fact in Continental Europe more widely, with The Theory of Money and Credit (1912). During the subsequent interwar years of the 1920s and 1930s, Mises’s reputation as a theorist and methodologist spread internationally.
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