Human Action: A Treatise on Economics

:) Great book and it came fast :)

A word of criticism about the AUDIO version specifically: there are no timestamps or chapter markers, and in such a huge book you want to be able to jump around, revisit certain parts, maybe switch to the text version for some parts and then come back. All of this is practically impossible owing to this deficiency.None of this can make the book anything less than 5 stars though. It's a masterpiece and I wish I had read it earlier in life.

This is one of those rare volumes that changes readers lives. It introduces a systematic method of analysis in sociology which proves that capitalism is humanism applied in practice. It also provides the most devastating destruction of socialistic ideas and clearly presents tragic consequences of applying them in society. Whether national or international, application of socialism always leads to the same outcome: liquidation of human beings. This book will show you that "novel" ideas one is hearing from enlightened politicians (universal basic income, microcredits, local sustainability, wage equalisation, third way, capitalistic production under government regulation, free college, minimum wage, rent limit, social justice) are nothing new and cannot bring anything good. Every one of those has been proposed in some form before and has been systematically and convincingly shown to have cataclysmic economic consequences which negatively impacts every member of society.There is a reason why this volume is not taught in schools: once a thinking person is exposed to Mises seminal writing, there is no going back. If answers absolutely every question you might have had related to political and economic cooperation. Ever wandered why some nations are poor and some are rich ? Want to know why it is normal and expected for the 1% to hold 99% of the resources, and why this is in your personal best interest? Do you want to know why socialism cannot function even if it was run by angels ? Wandered which system of cooperation is best for huimans as they are (humanistic system of cooperation) ? Mises will answer those questions and more in a way that will change the way you are looking at the world.A word of caution: Mises writes consequential sentences. This means that entire volumes can be written to expand on the consequences of some of his sentences. This book is not for the uninitiated, but it is well worth a read.

Es un libro fundamental, más que nada para aprender a razonar en economía. Se trata de una obra difícil, motivo por el cual no es reducible a simplezas como las de la pseudociencia marxista y las ideas pseudokeynesianas (no el análisis keynesiano, que es válido en determinadas circunstancias), que son ideologías simplonas que sirven de alimento al populismo. Lamento no haber conocido esta obra en mi juventud, cuando empecé a estudiar economía.

The book! If you can read only one book on economics, without any doubt you cannot miss this. Von Mises analyses in deep the dynamics of economics, with absolute logic without stop to the first order of consequences. As you progress in the reading, historical economic events began to fit in Von Mises vision. It really gives the tools to understand how Economics works.