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

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Human Action. We are delighted that you are so enthusiastic over<br />

the way the book looks."<br />

On September 14, 1949, Human Action was published, and the<br />

book created a tremendous impression all over the country. Almost<br />

a hundred review copies were sent out, which may seem a small<br />

number in comparison to the two hundred copies or more that<br />

publi.shers are sendi.ng out these days. On October 10, 1040, Donaldson<br />

wrote Lu: "Orders are keeping up splendidly, and we are<br />

.today ordering a third printing."<br />

That was three and a half weeks after publication. For the first<br />

time life looked more hopeful to Lu. For years he had worked<br />

hard. In spite of his career in Europe, his excellent reputation, his<br />

respected writings, he had not found the same academic recognition<br />

in the United States that he had enjoyed in Europe. His financial<br />

position was-to say the least-modest and insecure, but Human<br />

Action was even more of a success than his two former books.<br />

Yale University Press did its utmost to answer all the inquiries<br />

about translations into foreign languages. Human Action later appeared<br />

in Italian, French, Japanese, and Spanish editions. Lu's<br />

most ardent readers and admirers always have been in the Spanishspeaking<br />

countries. Apparently the more subjugated a country is,<br />

the deeper the longing for. freedom. As I write this, a Chinese<br />

translation, soon to be published in Taiwan, is in preparation.<br />

On January 9, 1950, Mr. Davidson informed Lu: "<strong>The</strong> Book-ofthe-Month<br />

Club will list Human Action in the back part of its<br />

monthly bulletin. This [is] technically, I believe, known as an<br />

alternate selection which may be chosen by the Book-of-the­<br />

Month Club subscribers in place of the book of the month."<br />

Lu was never offended or hurt by contradictory reviews-if they<br />

were based on knowledge and understanding. "<strong>The</strong> more they<br />

attack an author," he used to say, "the more curious they make the<br />

public. <strong>The</strong> only deadly attack is silence."<br />

Following the publication of Human Action, Yale University<br />

Press published a new enlarged American edition of Socialism,<br />

which was first published in Germany in 1922 under the title Gemeinwirtschaft.<br />

In 1953 Yale printed a new, enlarged edition of<br />

<strong>The</strong> <strong>The</strong>ory of Money and Credit, followed in 1957 by Lu's <strong>The</strong>ory<br />

and History: An Interpretation of Social and Economic Evolution<br />

(next to Human Action, this book meant the most to Lu among his<br />

own writings). All these books were translated into foreign<br />

languages.<br />

On May 17, 1959, there was a short notice in the New York<br />

Times reporting that Norman V. Donaldson, director of Yale University<br />

Press since 1945, "will become chairman of its governing<br />

109

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