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To Search for Mises Institute titles, enter a keyword and "LvMI" (short for Ludwig von Mises Institute); e.g., "Depression LvMI"
The Scholars Edition is the original, unaltered treatise (originally published in 1949) that shaped a generation of Austrians and made possible the intellectual movement that is leading the global charge for free markets.
Made available exclusively through the Ludwig von Mises Institute, this edition, Mises's original, is the one to own.
Includes the 1954 index prepared under Mises's supervision, the most complete ever published, united here with the book for the first time. The introduction, by Hans-Hermann Hoppe, Jeffrey Herbener, and Joseph Salerno — based on newly discovered archives — tells of the tragic and glorious history of this seminal work, and of its bright future as the manifesto of liberty.
This edition is keyed to the world's first and only Study Guide to Human Action, by Robert Murphy, which opens up this book as never before.
All told, The Scholars Edition looks exactly like the classic work it is, ready for a lifetime (or two) of use.
Mises himself wrote the following by way of explanation of why he wrote the book:
Economics does not allow any breaking up into special branches. It invariably deals with the interconnectedness of all phenomena of acting and economizing. All economic facts mutually condition one another. Each of the various economic problems must be dealt with in the frame of a comprehensive system assigning its due place and weight to every aspect of human wants and desires. All monographs remain fragmentary if not integrated into a systematic treatment of the whole body of social and economic relations.
To provide such a comprehensive analysis is the task of my book Human Action , a Treatise on Economics. It is the consummation of lifelong studies and investigations, the precipitate of half a century of experience. I saw the forces operating which could not but annihilate the high civilization and prosperity of Europe. In writing my book, I was hoping to contribute to the endeavors of our most eminent contemporaries to prevent this country from following the path which leads to the abyss.
The Scholars Edition of Human Action is the definitive edition of this great work and foundation of every library of freedom.
ISBN 9781933550312
To Search for Mises Institute titles, enter a keyword and LvMI (short for Ludwig von Mises Institute); e.g., Depression LvMI
But we do have access to what he said. He is warm, funny, passionate, and learned. This book provides a candid look at the man and his teaching style. It demonstrates his dazzling command over the material, and teaches in a breezier way than his treatises.
This volume contains nine lectures delivered over one week, from June 23 to July 3, 1952, at the San Francisco Public Library. Mises was at his prime as a teacher and lecturer. He shares a lifetime of learning on topics that were (and remain) central to American public life.
As the title indicates, his main focus is on Marxism. He discusses Marx and his place in the history of ideas, the destruction wrought by his dangerous ideology, the manner in which his followers have covered up his errors, and how the Marxists themselves have worked for so long to save Marxism from itself. He discusses Marxist claims about history and refutes the Marxist smear of the Industrial Revolution.
The approach is systematic but casual, so the reader encounters wonderful insights in the form of short asides. For example, "The worst thing that can happen to a socialist is to have his country ruled by socialists who are not his friends."
As a lecturer, Mises is steady and relentless. The reader can nearly "hear" him speaking through the prose. And there are times when he reveals a level of rhetorical passion that you would never encounter in print. That's because what is printed here are not prepared lectures. They were transcribed by Bettina Bien Greaves from what he actually said.
Thus can we hear this passage: "It is not true, as Marx said, that the improvements in technology are available only to the exploiters and that the masses are living in a state much worse than on the eve of the Industrial Revolution. Everything the Marxists say about exploitation is absolutely wrong! Lies! In fact, capitalism made it possible for many persons to survive who wouldn't have otherwise."
Some readers of Mises's larger works have said that while his rigor is dazzling, the man himself can seem remote. Whether or not you agree with this observation, Mises comes across in these lectures as brilliant but very warm and charming in an old world sense.
To search for Mises Institute titles, enter a keyword and LvMI (short for Ludwig von Mises Institute); e.g., Depression LvMI
The Anti-Capitalistic Mentality by Austrian School economist and libertarian thinker Ludwig von Mises is an investigation into the psychological roots of the anti-capitalistic stance that is widespread in the general populations of the capitalist world. Von Mises suggests various reasons for this mentality, primarily his claim that free competition in the market economy allows no excuses of one's failures. Rather, he argues, it creates great incentive for one's desire for improvement and greater effort to succeed, as well as a greater reward for that success.
This must-read classic on currency and credit covers the three areas of key interest--the nature of money, the value of money, and money and banking. Economist and philosopher, Ludwig von Mises presents his "Theory of Money and Credit" by first looking at the nature and value of money, why there is a demand for money, and how it is used as currency. He goes on to explain the purchasing power of money and how it determines economic and monetary policy, often in a way that results in financial melt-downs. Never in modern history has there been a greater need for this book and others like it. All of its ideas and principles are coming true right before our eyes in today's economy and its problems.
Based on the original 1962 edition, previously titled The Free And Prosperous Commonwealth: An Exposition Of The Ideas Of Classical Liberalism. Liberalism is an influential book containing economic analysis and an indicting critique of socialism. Starting from the principle of private property, Mises shows how the other classical liberal freedoms follow from property rights and argues that liberalism free of government intervention is required to promote peace, social harmony and the general welfare. This book was translated into English by a student of Mises, Ralph Raico, whose English edition in 1962 was titled The Free and Prosperous Commonwealth rather than Liberalism, as Mises thought that the term liberalism after the New Deal and especially in the 1960s became widely used in the United States to refer to the leftist ideology supporting degrees of government intervention, in opposition to Mises' central premise.
This Mises Institute edition is the first English edition, and it comes complete with an explanatory foreword by Murray Rothbard and a preface by Douglas French.
This classic treatise was the first really great integration of microeconomics and macroeconomics, and it remains the definitive book on the foundations of monetary theory. As Rothbard points out in his introduction to "the best book on money ever written," economists have yet to absorb all its lessons.
Mises shows that money had its origin in the market, and that its value is based on its usefulness as a commodity in exchange. Step by step, Mises presents the case for sound money without inflation and presents the beginnings of a full-scale business-cycle theory. This edition includes Mises's early blueprint, improved later in life, for a return to a fully backed gold standard and competitive banking.
To search for Mises Institute titles, enter a keyword and LvMI (short for Ludwig von Mises Institute); e.g., Depression LvMI
In 1956, with the Mont Pelerin Society entering a difficult period in which its intellectual lights were drifting away from old-school liberalism, Ludwig von Mises delivered a speech to explain why this was a terrible trend. He didn't rebuke anyone; he instead backed away from the events of the day to provide a sweeping reconstruction of economic history from the ancient world to the present. In this way he provided a model of how to avoid presentism in order to understand the really big issues of civilization and the moral and practical urgency of embracing total freedom. Liberty and Property is this clarion call in book form.
Contemporary reports from the event at which Mises delivered his speech suggest that the people there were uninterested in his point of view, but this is much to their shame. For what he left us with is remarkable. High intelligence, vast historical understanding, and moral passion combined to produce one of the most dazzling presentations of the case for economic liberty ever written.
To search for Mises Institute titles, enter a keyword and LvMI (short for Ludwig von Mises Institute); e.g., Depression LvMI
This important work was written decades after Mises's original essay on economic calculation and includes the broadest and boldest attack on all forms of state control.
To search for Mises Institute titles, enter a keyword and LvMI (short for Ludwig von Mises Institute); e.g., Depression LvMI
Author Ludwig von Mises was concerned with the spread of socialist ideals and the increasing bureaucratization of economic life. While he does not deny the necessity of certain bureaucratic structures for the smooth operation of any civilized state, he disagrees with the extent to which it has come to dominate the public life of European countries and the United States. The author's purpose is to demonstrate that the negative aspects of bureaucracy are not so much a result of bad policies or corruption as the public tends to think but are the bureaucratic structures due to the very tasks these structures have to deal with. The main body of the book is therefore devoted to a comparison between private enterprise on the one hand and bureaucratic agencies/public enterprise on the other.
Here Mises defends his all-important idea of methodological dualism: one approach to the hard sciences and another for the social sciences. He defends the epistemological status of economic proposition. He has his most extended analysis of those who want to claim that there is more than one logical structure by which we think about reality. He grapples with the problem of determinism and free will. He presents philosophy of history and historical research. Overall, this is a tremendously lucid defense of the fundamental Misesian approach to social philosophy.
"It is Mises's great methodological work, explaining the basis of his approach to economics, and providing scintillating critiques of such fallacious alternatives as historicism, scientism, and Marxian dialectical materialism…. Austrian economics will never enjoy a genuine renaissance until economists read and absorb the vital lessons of this unfortunately neglected work."
Theory and History should be required for any student of 20th-century ideas.
To Search for Mises Institute titles, enter a keyword and LvMI (short for Ludwig von Mises Institute); e.g., Depression LvMI
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