Speech #1050008593

In those days. immilgranta saw acculturation as their first responsibility. so it didnt take long for Americans to think of Mises as their own. In 1049. his great work. Human Action. appeareda thousandpage treatise that surpasses any previous work in freemarket theory. Though German was his first language. Mises wrote his book. still in print. in beautiful English. Its easy to forget Mises extraordinary life before he emigrated here. In 1912. be wrote a book on money and banking that set the European academic woild on fire. At the dawn of the central banking age. he claimed money management actually dostabllizes the economy by fueling Inflation and business cycles.