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

ever mentioned, in dealing with the rapidly progressing fall in the
Mark's purchasing power, the boundless increase in the quantity of
banknotes printed. It was viewed as un-German not to accept one of
the "loyal" interpretations of this phenomenon that put all the blame
upon the policies of the Allies and the Treaty of Versailles.
In this regard conditions in Germany certainly changed. There is
in Germany today at least one monthly magazine that has both the
courage and the insight to form an independent judgment on the
economic and social policies of the government and.aims of the
various parties and pressure groups. It is the Monatsblaetter fur
Freiheitliche Wirtschaftspolitik, edited by Doctor Volkmar Muthe+sius
and published by the Fritz Knapp Verlag in Frankfurt. Excellent
articles written by the editor and a carefully selected group of external
contributors analyze every aspect of contemporary economic and
social conditions.
Doctor Muthesius and his friends are unswerving supporters of
free trade both in domestic and in foreign affairs. They reject the
lavish bounties doled out to agriculture at the expense of the urban
population, the immense majority. They are keen critics of the cheap
demagogy of the government's alleged anti-monopoly campaign.
They unmask the dangers inherent in the privileges granted to the
labor unions.... They prefer the Adenauer regime to the only possi.;
ble alternative, a cabinet of Social-Democrats, but they do not close
their eyes to the shortcomings of the Chancellor's policies. And they
are not afraid of repeating again and again that it is only thanks to the
policies of President Eisenhower that West Berlin is still free from
Soviet rule.
A periodical that openly and without any reservations endorses the
free enterprise system and the market economy, this is certainly a
remarkable achievement in the classical land of socialism whether
imperial or social-democrat or nationalist.
Muthesius, well known and appreciated for his writings on economics
and his editorial work, is an enthusiastic Goethe scholar,
and Mrs. Muthesius, born in Weimar and a descendant of the
Goethe family, shares this interest.
Besides the work mentioned above, Lu was supervising the new
Yale edition of The Theory of Money and Credit, and he had
started to work on a new book, which was to be published by Van
Nostrand, The Anti-Capitalistic Mentality.
Another seminar, sponsored by the Volker Fund, was held in
Chapel Hill, North Carolina, in 1956. This Conference on Free
Enterprise, Freedom and the Good Society took place September
5-14, and had been arranged by Clarence F. Philbrook, a longstanding
friend of Lu's. It was meant mainly for economists and
other scholars. Armen A. Alchian, professor of economics at the
University of California, and Bertrand de Jouvenel, president of an
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