Choice : cooperation, enterprise, and human action /

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, skillfully relays the main...

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Bibliographic Details
Main Author: Murphy, Robert P. 1976- (Author)
Format: eBook
Published: Oakland, CA : Independent Institute, 2015.
Series:Independent studies in political economy.
Online Access:CONNECT
Table of Contents:
  • The science of economics and human action
  • The definition and components of action
  • Economic theory versus historical understanding
  • Further economic concepts and principles flowing from action
  • Human society and the division of labor
  • The role of ideas and the importance of reason
  • Even the economists missed the importance of monetary calculation
  • What economic calculation can and can't do
  • Defining and studying the market economy
  • How prices are formed on the market
  • Indirect exchange and money
  • The Misesian approach to money & banking
  • Capital, time preference, and the theory of interest
  • Austrian business cycle theory
  • The impossibility of economic calculation under socialism
  • Government intervention in the market economy
  • Economics and public opinion.