Human Action

Human Action: A Treatise on Economics is a comprehensive and influential work on economics by Ludwig von Mises, first published in 1949. The book is a systematic treatise on economics, covering topics such as the nature of economic science, the principles of human action, the role of entrepreneurship, the market economy, and the role of government intervention in the economy. Mises argues that economics is a science of human action, and that economic theory is based on the principles of individual choice and subjective value. He explores the role of entrepreneurship in driving economic growth and the importance of the market economy in allocating resources efficiently. Mises also critiques the idea of socialism and government intervention in the economy, arguing that they lead to inefficiency and economic stagnation.The book is divided into six parts, with each part covering a different aspect of economics. Part one introduces the concept of human action and the principles of economic theory, while part two explores the nature of economic calculation and the role of prices in the market economy. Part three delves into the role of entrepreneurship in economic growth, while part four examines the market economy and the principles of supply and demand. Part five critiques the idea of socialism and government intervention in the economy, arguing that they lead to inefficiency and economic stagnation. Finally, part six explores the role of money and banking in the economy, and the principles of international trade.Human Action: A Treatise on Economics is a seminal work in the field of economics, and has had a significant impact on economic thought and policy. It is widely regarded as one of the most important works in the Austrian School of economics, and is a must-read for anyone interested in understanding the principles of economics and the role of human action in the economy.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.