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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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 />
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