Ludwig von Mises was a superb economist.

Here are three indispensable works of Mises, who was born on September 29, 145 years ago! Comment “Mises” and tell us which you’d read first. In The Theory of Money and Credit, Ludwig von Mises connected money to individual valuation and examined credit expansion. His 1920 essay on socialist calculation argued that without market prices for capital goods, planners cannot compare production plans through monetary calculation. Human Action then developed his wider economic system from purposeful human choice. Together, these works connect money, ownership, prices, and economic coordination, and continue to inform debates about the market process and central planning.