Writing on the 40th anniversary of the death of Ludwig von Mises, Jörg Guido Hülsmann explains:
It was Mises’s personal misfortune that, during all of his life, his economic and political ideas were thoroughly out of fashion. But, precisely for this very reason, his legacy is lasting and strong. Today the ideas that Mises had painstakingly refuted have run their course. Inflationism, socialism, and statism have spelled misery, corruption, and chaos. Reading Mises enables us to understand this world, and it helps us to see the road that leads out of these quagmires.