Human Action: A Treatise on Economics (1949)

Human Action: A Treatise on Economics is a comprehensive work on economic theory written by the Austrian economist Ludwig von Mises. First published in 1949, this book is considered to be one of the most influential works in the field of economics. The book covers a wide range of topics, including the nature of human action, the role of the entrepreneur, the market economy, monetary theory, and the theory of socialism. Mises argues that human action is always purposeful and that all economic activity is ultimately driven by individual choices and preferences. He also emphasizes the importance of the market economy as a means of coordinating the actions of individuals and allocating resources efficiently. Mises argues that government intervention in the economy is always counterproductive and that the only way to achieve economic prosperity and social progress is through the free market. In addition to his economic analysis, Mises also provides a critique of socialist theory and argues that socialism is fundamentally flawed because it ignores the role of the market in allocating resources and coordinating economic activity. Overall, Human Action is a seminal work in the field of economics and a must-read for anyone interested in understanding the principles of free-market economics and the role of individual choice and action in economic activity.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.