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