Ludwig Mises and Ideas of Supranational Governance in 20th Century Vienna

Lukas Starchl ()
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Lukas Starchl: University of Graz, Austria

No 2025-07, Graz Economics Papers from University of Graz, Department of Economics

Abstract: Ludwig Mises' interest in large-scale problems concerning the institutional framework and social as well as economic requirements for a well-functioning economy, makes Mises' writings on supranational governance particularly interesting. Based on a reading of his German language publications and archival material, this paper analyzes the development of Ludwig Mises' ideas of supranational governance in his time in Vienna and locates them in the broader historical and intellectual context. The paper focuses on two particularly important elements of that project. First, his steadily vanishing trust in a narrowly defined popular enlightenment, to be understood as his trust in the peoples' capacity to grasp the perceived infallibility of liberal economics and consequently the harmony of interest across all individuals. The second element, inextricably linked to the first one, is his perspective on democracy and its role in the political framework of a global capitalist order.

Keywords: Ludwig Mises; Supranational Governance; Democracy and Economics; Global Capitalism; Nationalism and Economics (search for similar items in EconPapers)
JEL-codes: B13 B25 B53 F15 F55 P16 (search for similar items in EconPapers)
Date: 2025-06
New Economics Papers: this item is included in nep-his and nep-hpe
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