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Profit and Loss, by Ludwig von Mises

 
 
 
 
 
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Ludwig von Mises Institute

by Ludwig von Mises Institute

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This essay from 1951, newly available as a monograph from the Mises Institute, explains the core of the price system as it applies to an entrepreneurial society. Mises shows that the drive to abolish profits and loss leads to social collapse.

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10/23/2008
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Austrian Economics, BUSINESS ACCOUNTING, ANALYSIS, VALUAT..., Liberty Book Club, The Great Thinkers! Group_add

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leoeris

leoeris

Pretty sure all these Austrian Economics books belong in the Religion and Spirituality category.

07/25/2009
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FlyingAxe

FlyingAxe

This was the first work of Mises I ever read, and it immediately converted me — by its commonsensical simplicity and clarity. I printed it out in Russian and gave to read to my family members.

10/23/2008
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