Weekend Daily: Mises and Schumpeter: Friendly Rivals?

Cafe house in Vienna, AustriaMatt McCaffrey writes in this weekend’s Mises Daily:

Another fact that may not be well-known is that Schumpeter attended Mises’s famousprivatseminar. At the time, due to the intellectual milieu fostered by the German Historical School, the Mises circle was one of the few places in Viennese academia where discussions of economic theory were welcome. Simply being theoretical economists apparently constituted enough common ground to continue to bring the two together, despite their significant methodological and theoretical differences.

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