11 of 11 people found the following review helpful
The Father of Economics,
This review is from: Human Action: A Treatise on Economics (4 Volume Set) (Paperback)Von Mises and his adherents in what has become known as the Austrian School are without doubt the most neglected grouping in Economics.
They are taught very little in the Keynes-obsessed economics departments of universities on both sides of the Atlantic, and yet present an entirely more coherent account of money, banking, finance and economic activity as a whole.
It would be fair to say that if their counsels had been paid greater heed, the current economic crisis would not have occurred.
Human Action is von Mises's magnum opus. Its very title tells us where all economic activity necessarily begins and ends - not with consumption, nor with fiscal or monetary stimulus, not the trade cycle or the multiplier, but with Human Action.
A must-read for anyone with a serious interest in economics.
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