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Cover of Human Action

Human Action

Ludwig von Mises

Economics & FinancePhilosophyPolitics & Society
Featured in: Austrian Economics reading guide
Publish date
1966
Publisher
Ludwig Von Mises Institute
Description
Ludwig von Mises's comprehensive treatise on economics, built on the study of purposeful human action (praxeology). It covers value, prices, money, capital, interest, and the business cycle, and argues that economic calculation is impossible under socialism.
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Books cited in Human Action

Suggested by AI, not verified against the full text. Check the original book before using them as a source.

  1. Das Kapital

    Karl Marx

    Citation

    Mises explicitly critiques Marxian socialism, historical materialism, and the labor theory of value.

    High relevanceExplore

  2. Principles of Economics

    Carl Menger

    Citation

    Mises builds his entire subjectivist praxeological framework on Menger's foundational economic theory.

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  3. The Wealth of Nations

    Adam Smith

    Citation

    Mises evaluates and builds upon Smith's foundational insights into the division of labor.

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  4. Capital and Interest

    Eugen von Böhm-Bawerk

    Citation

    Mises heavily draws upon Böhm-Bawerk's theories of time preference and capital structure.

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  5. General Theory of Employment, Interest and Money

    John Maynard Keynes

    Citation

    Mises directly rejects Keynesian macroeconomics, inflationism, and state interventionist policies.

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  6. The Quantitative Theory of Money

    David Hume

    Citation

    Mises references Hume to trace the development of monetary theory and subjective valuation.

    Medium relevanceExplore

  7. The Theory of Political Economy

    William Stanley Jevons

    Citation

    Mises references Jevons regarding the marginal utility revolution in economic thought.

    Medium relevanceExplore

  8. Risk, Uncertainty and Profit

    Frank Knight

    Citation

    Mises engages with Knight's distinctions between insurable risk and true entrepreneurial uncertainty.

    Medium relevanceExplore

  9. Elements of Pure Economics

    Léon Walras

    Citation

    Mises critiques Walrasian mathematical general equilibrium models as unrealistic for dynamic markets.

    Medium relevanceExplore

  10. Mathematical Psychics

    Francis Ysidro Edgeworth

    Citation

    Mises cites Edgeworth while rejecting the application of mathematical physics to human action.

    Medium relevanceExplore

  11. The Scope and Method of Political Economy

    John Neville Keynes

    Citation

    Mises discusses methodological debates regarding deductive versus inductive economic analysis.

    Medium relevanceExplore

  12. The Common Sense of Political Economy

    Philip Wicksteed

    Citation

    Mises references Wicksteed's subjective choice framework in developing praxeological methodology.

    Medium relevanceExplore

There may be more citations. We show up to 12 per book to keep the list manageable.

Recommendations

  • Individualism and Economic Order

    Friedrich Hayek

    AI Recommendation

    Complements Mises's work by analyzing how market prices communicate dispersed knowledge.

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  • The Fatal Conceit

    Friedrich Hayek

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    Shares Mises's thesis that central planning fails due to epistemological and economic impossibility.

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  • Man, Economy, and State

    Murray Rothbard

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    Systematically expands Misesian praxeology into a complete treatise on free-market economics.

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  • Calculus of Consent

    James M. Buchanan, Gordon Tullock

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    Applies methodological individualism to political decision-making, complementing Misesian methodology.

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  • Competition and Entrepreneurship

    Israel Kirzner

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    Elaborates on the Misesian dynamic process of market discovery and entrepreneurial alertness.

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  • The Constitution of Liberty

    Friedrich Hayek

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    Provides a comprehensive political and philosophical defense of individual freedom matching Mises's vision.

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