"I set out to be a reformer, but only became a historian of decline" (98).
This book is not a memoir, it is a dry recollection of Von Mises' professional career as an economist and intellectual up until WW2. Mises writes pretty impersonally, which is surprising considering that he fundamentally believed that emotions influenced politics, or at least those who disagreed with his laissez faire view of the world. We learn very little of Mises' motivations for studying economics, his hopes, his hates or his relationships. Reading this book it would appear that he had no relationships outside of his professional life.
Another striking thing about these memoirs is that Von Mises complains ad nauseam about not getting the recognition or academic kudos he deserved. This is all whilst Mises brags about his being known as one of the most important economists of his day, having direct influence on the Social Democratic Party (through Otto Bauer), his influence in changing the central bank's policy through his writings, and also being offered multiple jobs at top banking firms as a result of his writing. The fact that Mises fails to spot this irony is jarring, and I believe that Mises only felt this way because he didn't get the exact academic career he wanted (a role he described as his calling), and instead chose to take a position as an unpaid lecturer. However, this isn't a role to be scoffed at, as Mises was still simultaneously writing important contributions on the subject of banking, and being paid for his writings, all whilst scoffing at the academics who were more successful than him. Hardly the kind of pauper-style life of a modern untenured academic.
There are a couple of tidbits which are worth checking out for people learning economics. For example, Mises' debates with Otto Bauer, Böhm Bawerk and Rudolf Hilferding are touched on. Of course, we only read of how Mises' enemies were ultimately stupid and couldn't grasp the situation being debated, but some of the technical details discussed are dealt with in a purely descriptive manner.