10.04.2014 Views

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

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

unimportant. More important was .that his name became familiar<br />

to the general reader, and the numerous letters resulting from these<br />

articles were surprising. <strong>The</strong>se nine articles were titled: "Hitler's<br />

. Achilles Heel," "<strong>The</strong> Nazis under Blockade," "Germany's Transport<br />

Problems," "Reich Gets Big Shock," "<strong>The</strong> Problems of a Post­<br />

War Union of the Democratic Unions," "A New World Currency,"<br />

"Industrial Empires," "Inflation and Money Supply," and<br />

"British Post-War Problems."<br />

Another consequence of these articles was Lu's introduction to<br />

the National Association of Manufacturers. On January 4, 1943,<br />

Noel Sargent, secretary of NAM, and Vada Horsch, the assistant<br />

secretary, invited Lu to come and see them in their offices on Fiftythird<br />

Street. <strong>The</strong>y had read Lu's articles in the Times and wanted<br />

his views on how to terminate wage and price controls. <strong>The</strong>se were<br />

the golden days of the NAM, theirs was the leading voice for free<br />

enterprise. Shortly after this first meeting, Lu was invited to work<br />

<strong>with</strong> the Economic Principles Commission, which was authorized<br />

by NAM's president and board of directors and which labored over<br />

many years. Lu was a contributing member of the special group<br />

that created a two-volume study called the Nature and the Evolution<br />

of the Free Enterprise System. Lu's relations <strong>with</strong> the NAM<br />

lasted from 1943 to 1954, giving him a forum where he met all the<br />

important industrialists of the country, the most respected economists,<br />

and the best known businessmen.<br />

In 1943, besides·the numerous meetings and sessions <strong>with</strong> the<br />

NAM on monetary reform and economic principles, he was amember<br />

of a commission to study the organization of peace, and he<br />

participated in CountCoudenhoven's Pan-Europe Conference in<br />

March~ 1943. On March ·15, 1943, he spoke on "Aspects of American<br />

Foreign Trade Policy" in the Faculty Club of New York University;<br />

on April 10 he spoke in Boston at the Twentieth Century<br />

Association (on "Economic Nationalism and Peaceful Cooperation"),<br />

where he said in short: "Economic nationalism is the root<br />

cause of the international conflicts which resulted in two world<br />

wars. It was economic nationalism that on the one hand drove the<br />

'dynamic' nations into agression and on the other hand prevented<br />

the peaceful nations from stopping in time the rise of Nazism and<br />

from erecting a barrier against a new German agression. All plans<br />

for a better post-war order are futile if they do not succeed in<br />

eliminating protectionism and establishing free": trade." On November<br />

10 and 11 he gave two lectures at Princeton.<br />

It was a great financial relief for us when William J. Carson, the<br />

executive director of the National Bureau of Economic Research,<br />

wrote to Lu that the Rockefeller Foundation had renewed his grant<br />

for anot~er two years, to the end of November, 1944. Also by this<br />

88

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!