20th century German-born economist of the Austrian School

Ludwig Maurits Lachmann (1 February 1906 – 17 December 1990) was a German economist who became a member of and important contributor to the Austrian School of economics.


1906, in Berlin, Germany


Dec 1990, in Johannesburg, South Africa

Web Pages

Ludwig M. Lachmann - Online Library of Liberty
Includes picture, short profile and links to some of Lachmann's works and to a selected quotation
"Lachmann 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."


How I Became a Libertarian and an Austrian Economist, by Richard Ebeling, 2 May 2016
Autobiographical essay highlighting the people and events who influenced him in his path to libertarianism and Austrian economics
"Ludwig M. Lachmann, who had studied with Hayek at the London School of Economics after having left Germany in 1933, had made major contributions to Austrian capital theory and a dynamic conception of the competitive market process. Long a professor of economics in South Africa, he came to NYU as a visiting professor on a regular basis. His graduate seminar was a stimulating experience in which after delivering a series of lectures himself for the first few weeks of the semester, the rest of the term was taken up with the graduate students delivering papers and having them subjected to challenging criticisms from both Lachmann and the other participants."
Ludwig Lachmann (1906-1990): Life and Work, by Peter Lewin
"Lachmann received his graduate education in Germany at the University of Berlin between 1924 and 1933 where he got his doctorate. He apparently first became interested in Austrian economics ... during a summer that he spent at the University of Zurich in 1926. In 1933 he ... settled in England, where he spent some considerable time at the London School of Economics."

The introductory paragraph uses material from the Wikipedia article "Ludwig Lachmann" as of 11 May 2018, which is released under the Creative Commons Attribution-Share-Alike License 3.0.