European Austrian economics which have no more place or relevancy there as they do in the US. Less than 1% of Americans have ever even heard of this fringe Austrian. Maybe if we are going to discuss Austrians and their theories, how about Sigmund Freud (1856-1939) instead of Ludwig von Mises (1881-1973)?
Mises is relevant to the lives of individual human beings.
Those who have read and understand his work have a big advantage in the business world.
Those who have not and do not will get burned—over and over and over again.