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Ludwig von Mises as a Social Rationalist

Summary:
Tags Philosophy and MethodologyEditor's Note: For years, Joseph Salerno's  important essay "Ludwig von Mises As a Social Rationalist" was available only in old PDF versions. Now, it is available in an HTML version that is easier to read and use for research purposes.The essay presents a lengthy and enlightening analysis of Ludwig von Mises's social theory and his views on the origins of human society. Salerno writes:For the most part Ludwig von Mises's writings on society and social evolution have been ignored by the participants in the current revivals of both Austrian economics and classical liberal political philosophy. When his social theory has been addressed, Mises appears to his critics as "a child of the Enlightenment wrongly deposited in the twentieth century." But

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  • Ludwig von Mises as a Social Rationalist

Tags Philosophy and Methodology

Editor's Note: For years, Joseph Salerno's  important essay "Ludwig von Mises As a Social Rationalist" was available only in old PDF versions. Now, it is available in an HTML version that is easier to read and use for research purposes.

The essay presents a lengthy and enlightening analysis of Ludwig von Mises's social theory and his views on the origins of human society. Salerno writes:

For the most part Ludwig von Mises's writings on society and social evolution have been ignored by the participants in the current revivals of both Austrian economics and classical liberal political philosophy. When his social theory has been addressed, Mises appears to his critics as "a child of the Enlightenment wrongly deposited in the twentieth century." But this assessment is inaccurate for two reasons. First, Mises severely criticizes the social meliorism of the Enlightenment liberals and demonstrates that their position is inconsistent with one that assigns the central position to human reason in social evolution. Second, in developing his own uniquely rationalist position, Mises has much to say about matters of central importance to modern Austrians, libertarians, and classical liberals who are either critics or adherents of the "spontaneous order" and/or social evolutionist positions staked out by Hayek.

I limit myself here to a systematic exposition of Mises's thinking about society and social evolution. I make no attempt to critically analyze Mises's thought or to explicitly compare it to that of other social thinkers. However, I do employ certain well-known positions of Hayek's work as a foil to facilitate the elaboration of Mises's arguments and to demonstrate their contemporary relevance.

Read the full essay. 

Ludwig von Mises as a Social Rationalist
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Joseph T. Salerno
Joseph T. Salerno is an Austrian School economist in the United States. He is a professor at Pace University, an editor of the Quarterly Journal of Austrian Economics, and Academic Vice President of the Mises Institute. Salerno specializes in monetary theory and policy, comparative economics, and the history of economic thought. Dr. Salerno received his Ph.D. in economics from Rutgers University. His most recent publication is Money: Sound and Unsound.

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