Ludwig M. Lachmann

1906 - 1990

About the Author

Ludwig M. Lachmann (1906-1990) was a German born member of the Austrian school of economics founded by Carl Menger and Boehm-Bawerk. He studied at the London School of Economics in the 1930s, taught at the University of Wiwatersrand in South Africa and wrote seminal material on Austrian capital theory.

In The Library:

• author: Capital and its Structure (1956)
• author: Capital, Expectations, and the Market Process: Essays on the Theory of the Market Economy (1940)
• author: The Foundations of Modern Austrian Economics (1976)
• author: New Directions in Austrian Economics (1978)

Quotations:

• Ludwig Lachmann and the free market as a leveling process in the distribution of wealth (1956) (28 December, 2012)