The thing is marx and marxist social theory is really great for describing a lot of social problems and terrible for describing solutions to those problems. Ludwig von mises was the acknowledged leader of the austrian school of economic thought a prodigious originator in economic theory and a prolific author misess writings and lectures encompassed economic theory history epistemology government and political philosophy his contributions to economic theory include important clarifications on the quantity theory of money the theory of the . Ludwig von mises was born to jewish parents in the city of lemberg galicia austria hungary now lviv ukrainethe family of his father arthur edler von mises had been elevated to the austrian nobility in the 19th century edler indicates a noble landless family they had been involved in financing and constructing railroads. Overview the division of labor can apply to any field division of labor may be applied to the differences in work done by different genders workers in an industrial assembly line to different social classes or professions within a societythe division of labor can also be abstracted to a global level and seen through the lens of globalization as countries have followed the mold of david
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