Human Action
by Ludwig Von Mises
In Human Action, Mises starts from the ideas set forth in his Theory and History that all actions and decisions are based on human needs, wants, and desires and continues deeper and further to explain how studying this human action is not only a legitimate science (praxeology) but how that science is based on the foundation of free-market economics. Mises presents and discusses all existing economic theories and then proceeds to explain how the only sensible, realistic, and feasible theory of economics is one based on how the needs and desires of human beings dictate trends, affect profits and losses, adjust supply and demand, set prices, and otherwise maintain, regulate, and control economic forces.
Recommended By
- Knut Svanholm: Author of <em>Sovereignty through Mathematics</em> and the new <em>Independence Reimagined. </em>
- Robert Breedlove: CEO and CIO of Parallax Digital, Advisor to Swan BitcoinRobert is a frequent guest on financial and Bitcoin media such as Real Vision, The…
- Tuur Demeester: Founder of Adamant Capital, a Bitcoin Alpha fund.<br><br>I have an 'out of the box' approach, combining academic rigor, a focus on…
- Brady Swenson: I'm on a mission to spread awareness of Bitcoin. Money is a critical foundation of civilization and our money is broken. Bitcoin is better…
- Michael Goldstein: Founder and president of the Satoshi Nakamoto Institute. Co-host ofthe Noded Bitcoin Podcast. Bitcoin, strong cryptography, and…