Human Action: A Treatise on Economic Theory
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Ludwig von Mises (1881-1973) was one of the greatest thinkers of the twentieth century, an Austrian economist and social scientist. Since 1940, he lived and worked in the United States.
The book is a systematic presentation of economic science from the very basics to economic policy, including epistemology and methodology. The theories of value, economic calculation, monetary prices and credit, theories of capital and interest, as well as the author's theory of economic cycles are presented with the necessary completeness. Both the market economy and the socialist economy are comprehensively examined, as well as the effects of state intervention in the economy. With this treatise, the author has completed the transformation of classical political economy as a science of the economic aspects of human activity and the theory of market prices into a general theory of human choice, a science of every kind of human activity. For economists, historians, sociologists and political scientists, as well as for all those who are interested in the laws of price and wage rate formation, causes of economic crises, factors of economic growth and follow currency fluctuations.
The book is a systematic presentation of economic science from the very basics to economic policy, including epistemology and methodology. The theories of value, economic calculation, monetary prices and credit, theories of capital and interest, as well as the author's theory of economic cycles are presented with the necessary completeness. Both the market economy and the socialist economy are comprehensively examined, as well as the effects of state intervention in the economy. With this treatise, the author has completed the transformation of classical political economy as a science of the economic aspects of human activity and the theory of market prices into a general theory of human choice, a science of every kind of human activity. For economists, historians, sociologists and political scientists, as well as for all those who are interested in the laws of price and wage rate formation, causes of economic crises, factors of economic growth and follow currency fluctuations.
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- All books by the publisher
- All books by the author