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2025-04-18 02:08:59

ShiShi21m on Nostr: Another example of Austrian Economics threatening the state aparatus is shown in the ...

Another example of Austrian Economics threatening the state aparatus is shown in the story of Ludwig Von Mises fleeing to Geneva:

“Twenty-four hours after they left, the Nazis moved into Vienna. Within 24 hours of that, they raided his house. He wasn't there, but they seized his library and it was gone,”
Carl Menger lobbied for a bi-metallic economy based on saving in Gold & spending in Silver.

In an attempt to discredit Menger, the Austrian ruler accused him of proliferating "Jewish Haute Finance".

Carl Menger was forced to prove in court his non-Jewish identity.

Austrian Economics as we know it today was born out of this.
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