Human Action--a treatise on laissez-faire capitalism by Ludwig von Mises--is a historically important and classic publication on economics, and yet it can be an intimidating work due to its length and formal style. Choice: Cooperation, Enterprise, and Human Action, however, skil…
This is a guided tutorial of Austrian economist Ludwig von Mises's classic work on economics. It includes summary of each section of the work, giving historical context, a discussion of why it matters, technical notes for each section, and concluding with study questions.
This is a guided tutorial of Austrian economist Ludwig von Mises's classic work on economics. It includes summary of each section of the work, giving historical context, a discussion of why it matters, technical notes for each section, and concluding with study questions.
In 1920, Ludwig von Mises proclaimed that all attempts to establish socialism would come to grief, for reasons of informational efficiency. At first, socialists and economists took Mises's argument seriously, but by the end of the Second World War, a consensus prevailed that Mis…