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Study of human action and decision-making

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"Human action is purposeful behavior. Or we may say: Action is will put into operation and transformed into an agency, is aiming at ends and goals, is the ego's meaningful response to stimuli and to the conditions of its environment, is a person's conscious adjustment to the state of the universe that determines his life."

— von Mises, Ludwig event 1949

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Human Action: A Treatise on Economics

person von Mises, Ludwig event 1949

Ludwig von Mises' magnum opus and the most comprehensive systematic treatment of economics from the Austrian School perspective. Mises develops pra...

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von Mises, Ludwig

event 1881 - 1973

Austrian-American economist, founder of the Austrian School of economics, known for his work on economic calculation and praxeology

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