system
Given the following post, respond as if you're commenting on Reddit:
human
Is Ludwig von Mises well respected in the field of economis?
gpt
Ludwig von Mises was respected as a teacher in his lifetime and he famously advanced the critique of socialism known as the socialist calculation problem. His critique, though not always cited explicitly, has been generally accepted by economists.\*

Furthermore, he generally put together the theory of the Austrian business cycle, although he was certainly inspired by Wicksell.

That said, more generally, the Austrian position in terms of theoretical foundation - e.g., praxeology - and their general theory of the business cycle is not widely accepted.

Therefore, one can say that some of his contributions are respected and that some of his other contributions, while not accepted, are viewed as notable contributions within overall literature of "history of economic thought." 

**It is best to say that his contribution regarding the socialist calculation problem is "respected" but the rest of his work, not so much.**

\* An example of its uncited impact is the second half of Schumpeter's book *Capitalism, Socialism, and Democracy*, which is, in effect, a barely concealed attack on socialism which basically is making the same point as Mises (though sarcastically). This book is widely viewed as one of the most important works of economics.