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Human Action: The Scholar's Edition Paperback


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Product Details

  • Paperback: 912 pages
  • Publisher: Ludwig von Mises Institute (November 29, 2010)
  • Language: English
  • ISBN-10: 1610161459
  • ISBN-13: 978-1610161459
  • Product Dimensions: 6.9 x 4.5 x 1.4 inches
  • Shipping Weight: 1.4 pounds (View shipping rates and policies)
  • Average Customer Review: 4.5 out of 5 stars  See all reviews (14 customer reviews)
  • Amazon Best Sellers Rank: #94,687 in Books (See Top 100 in Books)

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See all 14 customer reviews
This edition is more impressive than I expected in terms of the quality of materials.
kmhsellers
It is monetary calculation of profits that indicates whether an enterprise has generated a net increase in consumer well being over true economic costs.
D. W. MacKenzie
It's a long book; 900 pages or so; but each chapter builds on the previous ones so you can read one chapter each week or two without losing his drift.
John Kay

Most Helpful Customer Reviews

50 of 53 people found the following review helpful By D. W. MacKenzie on November 30, 2010
Format: Paperback
This new edition is, obviously, more affordable and portable than prior editions. This is helpful, as one can now take this classic book to read most anywhere. It is a long and complicated book, so finding enough time to read it is problematic.

Human Action is one of the ten most insightful books on economics ever written. This is impressive, but even more impressive that Mises has more than one book on this list (in my opinion). Human Action is the most recent (hopefully not the last) great treatise on political economy. While some treatises compile the ideas of others, there are many original and important insights to this book. Perhaps the most important insight of this book concerns economic calculation. Mises sees economic calculation as the most fundamental problem in economics. The economic problem to Mises is that of action. We act to dispel feelings of uneasiness, but can only succeed in acting if we comprehend causal connections between the ends that we want to satisfy, and available means. Mises is drawing upon Menger's brilliant 1871 book here, but he has his own ideas as well. The fact that we live in a world of causality means that we face definite choices as to how we satisfy our ends. Human Action is an application of Human Reason to select the best means of satisfying ends. The reasoning mind evaluates and grades different options. This is economic calculation.

Economic calculation is common to all people. Mises insisted that the logical structure of human minds is the same for everybody. Of course, this is not to say that all minds are the same. We make different value judgments and posses different data, but logic is the same for all.
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12 of 14 people found the following review helpful By kmhsellers on March 22, 2012
Format: Paperback Verified Purchase
This edition is more impressive than I expected in terms of the quality of materials. I anticipated this being similar to a typical paperback, but the paper and cover are much higher grade than that. In terms of physical quality, I am very pleased with this book.
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7 of 9 people found the following review helpful By Waried on August 4, 2011
Format: Paperback Verified Purchase
Mises brings us in the understanding of the praxeology (study of human action) principles which are based on a simple axiom which is "Human Action is purposeful behavior". From that simple axiom he takes the reader in an incredible journey in free-market economics world and the understanding of the phenomenon happening in a market economy.

If you are new in economics study, I would not suggest you to start with that book. First, because it's 900 pages and it can be quite complex in certain part. But, if you are a little aware of the economics principles and know it interest you, it's a must read!!
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1 of 1 people found the following review helpful By Alexander David Fortune on November 17, 2013
Format: Paperback Verified Purchase
Cannot believe I majored in business and economics for without having this for the first two years. This book has Mises' altogether unique insights on just about everything you can think of. It is less economic textbook and more bible.
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1 of 1 people found the following review helpful By Antitruster on May 10, 2013
Format: Paperback Verified Purchase
Despite its length and a quite technical and non-inspiring start, the volume is heart-breaking, it opens new paths, changes perceptions and misconceptions. Magnificent style, simple but not-simplistic, a whole new world appears before your eyes.
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2 of 3 people found the following review helpful By John Frederick on March 17, 2013
Format: Paperback Verified Purchase
Condition as advertised. Prompt delivery. I recommend this seller. However, Scholar's
Edition apparently means reduced size and tiny print. OK for 18 year olds, but not me now. I placed another order for the standard sized version.
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2 of 3 people found the following review helpful By Tomi Klaric on January 1, 2012
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Just as Moses gave us the basic moral laws, so did Mises gave us basic economic laws.
Im still reading the book, and it is very insightful. Remember, all the modern day austrians saw the crisis before it came, it was obvious to them because the austrian bussines cycle theory is the one that corresponds with reality more than any other.
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