Human Action: A Treatise on Economics
1949
Summary
Ludwig von Mises' magnum opus and the most comprehensive systematic treatment of economics from the Austrian School perspective. Mises develops praxeology—the science of human action—from first principles, deriving the entire structure of economic theory from the axiom that humans act purposefully. The book covers economic calculation, capital theory, business cycle theory, the impossibility of socialist calculation, and a sweeping critique of interventionism.
ISBN: 978-0865976313