Human Action
A Treatise on Economics
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Narrated by:
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Bernard Mayes
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By:
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Ludwig von Mises
About this listen
Ludwig von Mises is to economics what Albert Einstein is to physics. Human Action is his greatest work: a systematic study that covers every major topic in the science of economics. It is also one of the most convincing indictments of socialism and statism ever penned. When it first appeared in 1949, it ignited an eruption of critical acclaim.
Rose Wilder Lane wrote, “I think Human Action is unquestionably the most powerful product of the human mind in our time, and I believe it will change human life for the better during the coming centuries as profoundly as Marxism has changed all of our lives for the worse in this century.” Henry Hazlitt wrote, “It should become the leading text of anyone who believes in freedom, in individualism, and in a free market economy.” This book is a universally recognized classic in the field of modern economics.
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When Jean Tirole won the 2014 Nobel Prize in Economics, he suddenly found himself being stopped in the street by complete strangers and asked to comment on issues of the day, no matter how distant from his own areas of research. His transformation from academic economist to public intellectual prompted him to reflect further on the role economists and their discipline play in society. The result is Economics for the Common Good, a passionate manifesto for a world in which economics, far from being a "dismal science," is a positive force for the common good.
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A Great Overview of the Challenges of Modern Econ
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Radical Markets
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Many blame today's economic inequality, stagnation, and political instability on the free market. The solution is to rein in the market, right? Radical Markets turns this thinking - and pretty much all conventional thinking about markets, both for and against - on its head. The book reveals bold new ways to organize markets for the good of everyone.
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Terrible Reader ruins this book
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World-Systems Analysis: An Introduction
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In World-Systems Analysis, Immanuel Wallerstein provides a concise and accessible introduction to the comprehensive approach that he pioneered 30 years ago to understanding the history and development of the modern world. Since Wallerstein first developed world-systems analysis, it has become a widely utilized methodology within the historical social sciences and a common point of reference in discussions of globalization.
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Uneven, but Ambitious
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50 Economics Classics
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Economics drives the modern world and shapes our lives, but few of us feel we have time to engage with the breadth of ideas in the subject. 50 Economics Classics is the smart person's guide to two centuries of discussion of finance, capitalism, and the global economy. From Adam Smith's Wealth of Nations to Thomas Piketty's best-seller Capital in the Twenty-First Century, here are the great books and seminal ideas, clarified and illuminated for all.
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The End of Normal
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The years since the Great Crisis of 2008 have seen slow growth, high unemployment, falling home values, chronic deficits, a deepening disaster in Europe - and a stale argument between two false solutions, “austerity” on one side and “stimulus” on the other. Both sides and practically all analyses of the crisis so far take for granted that the economic growth from the early 1950s until 2000 - interrupted only by the troubled 1970s - represented a normal performance.
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Equal Is Unfair
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We've all heard that the American Dream is vanishing, and that the cause is rising income inequality. The rich are getting richer by rigging the system in their favor, leaving the rest of us to struggle just to keep our heads above water. To save the American Dream, we're told that we need to fight inequality through tax hikes, wealth redistribution schemes, and a far higher minimum wage.
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While I agree with most of this book,...
- By Wayne on 12-30-16
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The Great Degeneration
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Best-selling author and world-renowned historian Niall Ferguson has won widespread acclaim for thought-provoking works such as Civilization and High Financier. The Great Degeneration tackles nothing less than the decline of Western civilization. Ferguson posits that slowing growth, outrageous debt, and antisocial behavior are contributing to the erosion of the West’s once rock-solid foundations. Ferguson excavates the causes and shows how heroic leadership and radical reform are needed to right the course.
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Superb as always!
- By Ivanhoe on 08-28-17
By: Niall Ferguson
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Excellent! Need I say more?
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Like F.A. Hayek, Ludwig von Mises moved beyond economics in his later years to address questions regarding the foundation of all social science. But unlike Hayek's attempts, Mises' writings on these matters have received less attention than they deserve. Theory and History, writes Rothbard in his introduction, "remains by far the most neglected masterwork of Mises". Here Mises defends his all-important idea of methodological dualism: one approach to the hard sciences and another for the social sciences.
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Human Action is the most important book on political economy you will ever own. It was (and remains) the most comprehensive, systematic, forthright, and powerful defense of the economics of liberty ever written. This is the Scholar's Edition: accept no substitute. You will treasure this volume. The Scholar's 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.
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Excellent! Need I say more?
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Good material
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If more had these insights we'd be better off
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Hayek's case for individualism over collectivism
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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 segments of the general population 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.
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Great facts (if selective); ideological rigidity
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ADAM SMITH
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The book is great the narrators voice is distracting
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This is a must for every Educated Person
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Titan
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Titan is the first full-length biography based on unrestricted access to Rockefeller’s exceptionally rich trove of papers. A landmark publication full of startling revelations, the book indelibly alters our image of this most enigmatic capitalist. Born the son of a flamboyant, bigamous snake-oil salesman and a pious, straitlaced mother, Rockefeller rose from rustic origins to become the world’s richest man by creating America’s most powerful and feared monopoly, Standard Oil. Branded "the Octopus" by legions of muckrakers, the trust refined and marketed nearly 90 percent of the oil produced in America.
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He makes Bill Gates look like a Pauper!
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What listeners say about Human Action
Average customer ratingsReviews - Please select the tabs below to change the source of reviews.
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- Konya Marton
- 10-02-19
A book about virtually everything in economics
This book is an astonsihing piece of work. From the simple principles of rational human action, von Mises builds up an entire theory of social cooperation. Whether one likes this strict method of deduction or not, the conclusions mentioned are, with very few exceptions, accepted in orthodox economic doctrine, and even the unorthodox conclusions have considerable explanitory power about many socio economic questions, such as trade fluctuations, interventionism, and the problems of economic calculation.
The confident and scholarly voice of Bernard Mayes is the perfect one through which these ideas can be learned.
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- George
- 10-17-12
Couldn't follow it
I couldn't get thru the first chapter. Von Mises can be hard for a layman to follow anyway, but the added distraction of a reader with British accent made it impossible for a country boy from South Carolina.
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5 people found this helpful
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- Kindle Customer
- 04-12-20
Great insights
The insights offered are invaluable to policymakers in this age. Von Mises impresses on one the importance of considering methods as well as results sought. With many examples, he makes the case that when considering policies to achieve certain ends, due regard must be paid to human incentive to act in one way or another. Such intended, or often unintended human action will of course decide the success of a policy.
The main concern I had with the work is his repetitive style, perhaps more suited to an oral presentation, which I believe contributed to the length of the work.
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- Peter
- 01-24-21
Phenomenal Work should be taught by school.
great work I wish I heard this many years ago I wouldn't have been so confused.
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Overall
- Bob
- 05-31-11
Intense, requires focus.
If I can manage to concentrate when listening to the content of this book, it is very enliightning. It is not a good title for the daily commute however. If I cannot follow along with each and every sentance, like when a car cuts me off and I suffer a Terrets siezure, I find that I am hopelessly lost and have to start the section over.
If I can manage to follow along, I think its great. IF...that is.
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17 people found this helpful
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- MO
- 09-12-18
Book of the century + Bernard Mayes is a genius
Definitely get this version with Bernard Mayes as narrator. The audio quality is old and not perfect but Mayes more than makes up for it. His read reflects the knowledge, tone, inflection, humor, etc. that the author is conveying. It makes understanding the work much easier. As for the book itself -- if you don't know already, it's probably the best work on economics ever written. There is no other book you can pick up which teaches you from the ground up, beginning to end, almost everything you need to know about economics.
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8 people found this helpful
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- Seasha Robb
- 05-27-21
One of the greatest books ever written!
Have you ever asked the question, “What is money?” Mises lays the answer out very clearly.
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Overall
- Pvasquez
- 05-18-11
Horrible
Don't understand how other people rated this audio book, but I can tell you that I was never engaged. Probably the worst book in my library....
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1 person found this helpful
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Overall
- André
- 07-14-11
Deeply deeply shallow
I rate it with two stars as a way to give credit for the importance the book may have had. However, reading (or listening to) it today, the book sounds very outdated, specially when it comes to the author's political positions. It's not the case of being in favor of or against the marxism or the communism. It's just that this discussion feels out of place nowadays. As to the philosophical part of the text, it builds its arguments based on assumptions and logical conclusions drawn from the author's own perspective. His logic could surely be contested, and if so, all the subsequent points made are useless. I don't recommend it.
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2 people found this helpful