An Austrian-American economist and theorist of classical liberalism and libertarianism. He is considered to be one of the most important representatives of the Austrian School of Economics in the 20th century. He played a leading role in ending hyperinflation in Austria in 1922 and was a leading voice in the reorganization of the Austrian National Bank on the basis of a gold standard under the supervision of the League of Nations. He is also said to have been the model for a particular comic duck.
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