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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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Percy Greaves first came to the seminar in 1950 and attended<br />

almost all the meetings until Lu stopped teaching. Lu thought very<br />

highly of Percy's knowledge and understanding of economic<br />

theory. "It is a great pity," Lu often told me, "that he did not make<br />

his Ph.D." Lu's work was like scripture to Percy. He Was the chairman<br />

of the dinner meetings whichthe students arranged from time<br />

to time. He and his future wife, Bettina Bien, became very dear<br />

friends of ours; they even spent their honeymoon .<strong>with</strong> us in<br />

Vermont.<br />

Ronald S. Hertz, now a prominent certified accountant <strong>with</strong> a<br />

large firm on Park Avenue, attended Lu's seminar for many years<br />

beginning in 1949. "No matter how verbose, inane, inept or belligerent<br />

the question or the questioner," Ronald Hertz wrote me once,<br />

"he was heard through and then received a patient, meticulous<br />

response. It must have been the respect which Professor <strong>Mises</strong><br />

showed to students which kept even those who began <strong>with</strong> great<br />

antagonism coming back."<br />

<strong>The</strong>re was a whole group of high school students that Lu allowed<br />

to visit his seminar. <strong>The</strong>y were bright young boys, eager to<br />

learn and deeply interested in today's problems. <strong>The</strong>y had discovered<br />

that L u was their "man of the future" and not a "reactionary"<br />

as "friendly" economists would call him before they shelved his<br />

uncomfortable words of truth.<br />

One of.the youngest members of this group was George Reisman.<br />

One evening in the autumn of 1953 he rang the doorbell at<br />

our apartment. I opened the door and saw a young, blonde, shy<br />

boy of about fifteen years, who asked to see Dr. <strong>von</strong> <strong>Mises</strong>. I asked<br />

why, and he told me that he was in high school, had read all of<br />

Lu's books he could get hold of, and was wondering whether the<br />

professor would allow him to attend his course and the seminar.<br />

Lu talked to him, and helpful as always, admitted him. From then<br />

on, George Reisman came regularly for years. He wrote his doctoral<br />

dissertation <strong>with</strong> Lu and often came to the house to converse<br />

<strong>with</strong> him.<br />

Reisman was hard working, thorough, and inquisitive. In later<br />

years he translated one of Lu's books from the German. It was<br />

published in 1960 by Van Nostrand under the title Epistemological<br />

Problems ofEconomics. Today George is professor of economics<br />

at St. John's University in Brooklyn.<br />

Ralph Raico was another one of the high school students that Lu<br />

watched <strong>with</strong> "great expectations." Raico later went to Chicago to<br />

continue his studies, and he is now teaching history at the State<br />

University of New York at Buffalo. He recently wrote (in <strong>The</strong> Alternative,<br />

February, 1975): "To know the great <strong>Mises</strong> tends to create<br />

in one's mind life-long standards of what an ideal intellectual<br />

should be. <strong>The</strong>se are standards to which other scholars whom one<br />

137

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