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My Years with Ludwig von Mises.pdf - The Ludwig von Mises Institute

My Years with Ludwig von Mises.pdf - The Ludwig von Mises Institute

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<strong>The</strong> German language edition of my Nationaloekonomie published<br />

in 1940 in Switzerland, has 756 pages. For the English edition I am<br />

trying to eliminate all critical references to European doctrines unknown<br />

or long since discarded in the Anglo-Saxon countries. But on<br />

the other hand I must deal more thoroughly than I did in the original<br />

edition <strong>with</strong> doctrines popular in America, especially <strong>with</strong> the<br />

Keynes-Hansen approach. I think these changes will shorten the<br />

length of the Manuscript as compared <strong>with</strong> the 1940 text. I know very<br />

well that conciseness is one of the main virtues in a book and I am<br />

eager to do my best. But a treatise dealing <strong>with</strong> the whole complex of<br />

economic problems must be more voluminous than a monograph.<br />

On May 7,1948, the Yale University Press acknowledged receipt<br />

of parts of the manuscript. Eugene Davidson wrote: "<strong>The</strong> new<br />

section is here and I am glad to see that you are close to the goal<br />

now. Norman Donaldson has just reminded me of a serious oversight<br />

on our part, that we were to pay you as each section of the<br />

manuscript is received and approved. That clause in the contract<br />

completely slipped everyone's attention here, and please let me<br />

know how you would like the matter handled. That is, how you<br />

would prefer to have the installments reach you from here on. As a<br />

possibility I would suggest that we Inake a lump payment for the<br />

months that have passed and then continue according to schedule.<br />

But we will be pleased to meet your wishes." Lu answered on May<br />

12, 1948: "Thanks for your letter of May 7. I fully agree <strong>with</strong> your<br />

suggestion and leave the determination of the amount of the lump<br />

sum payment for the months passed to your discretion." Nothing<br />

can prove more clearly how much the work meant to Lu, how little<br />

he cared for money, how completely he forgot about himself, than<br />

these two letters.<br />

Printing of Human Action was well on its way by 1949. Davidson<br />

supervised everything; not the slightest detail was unimportant<br />

to him. He wanted a perfect book and a satisfied author. He<br />

even sent Lu a proof of the binding of the book for his approval.<br />

On May 31, 1949, Norman Donaldson wrote to Lu: "Advance<br />

copies of your Human Action have now reached us and we have<br />

sent one copy to you.... Our probable publication date is September<br />

14....1 hope you are pleased <strong>with</strong> the way the book has turned<br />

out. It is a big handsolne volume and looks all of the $10.- price<br />

that we are placing on it. May I take this occasion to extend to you<br />

Iny personal congratulations on your successful completion of this<br />

immensely iInportant piece of work."<br />

Lu hnmediately confirmed receipt of the advance copy and<br />

thanked Donaldson. On June 7, 1949, Donaldson answered: "It is<br />

a great pleasure to have your note in response to your first copy of<br />

108

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