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Mises and Montaigne: A Comment

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  • Bagus, Philipp
  • Howden, David
  • Gabriel, Amadeus
  • Carrasco Bañuelos, Eva María

Abstract

Ludwig von Mises (1881-1973) baptized the idea that the gain of some is caused by the loss of others as the “Montaigne dogma.” Mises considered the fallacy to be very widespread and sufficiently noteworthy that he devoted chapter 24 of his magnum opus Human Action to refuting the idea. Casto Martín Montero Kuscevic and Marco Antonio del Río Rivera (2015) discuss Mises´ refutation of Montainge´s dogma and claim that he misinterpreted Montaigne on fundamental grounds. They make the further claim that Mises misattributed the dogma to Montaigne. In this short response, we assess their argument to demonstrate that a more complete reading of Mises’s arguments vindicate both his identification and criticisms of the Montaigne dogma.

Suggested Citation

  • Bagus, Philipp & Howden, David & Gabriel, Amadeus & Carrasco Bañuelos, Eva María, 2016. "Mises and Montaigne: A Comment," MPRA Paper 79803, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:79803
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    References listed on IDEAS

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    1. Paul R. Milgrom & Douglass C. North & Barry R. Weingast*, 1990. "The Role Of Institutions In The Revival Of Trade: The Law Merchant, Private Judges, And The Champagne Fairs," Economics and Politics, Wiley Blackwell, vol. 2(1), pages 1-23, March.
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    JEL classification:

    • B1 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925
    • B13 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Neoclassical through 1925 (Austrian, Marshallian, Walrasian, Wicksellian)
    • B3 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals
    • B31 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals - - - Individuals

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