An abridgement of
Human Action, a treatise on economic
s1
An abridgement of
Human Action a Treatise on Economics
by Ludwig von Misesselected and arranged by Gérard Dréan
An abridgement of
Human Action, a treatise on economic
s2
Table
An abridgement of
Human Action a Treatise on Economics
...................................................1Table.........................................................................................................................................2Preface......................................................................................................................................5The Austrian school of economics.......................................................................................5
Human Action
......................................................................................................................7This abridgement: why and how........................................................................................10The structure of this abridgment........................................................................................11The place of economics in the sciences..................................................................................13The scope of economics.....................................................................................................13The physical sciences and the human sciences..................................................................14Praxeology.........................................................................................................................16Human reason....................................................................................................................18Economics as a discipline.......................................................................................................20The procedure of economics..............................................................................................20The method of imaginary constructions............................................................................21The states of rest................................................................................................................22The imaginary construction of the evenly rotating economy............................................23The imaginary construction of the stationary economy.....................................................25Logical economics versus mathematical economics.........................................................25Judgments of value............................................................................................................28Economics and the citizen.................................................................................................28Economics as a profession.................................................................................................30Human action..........................................................................................................................32The definition of human action..........................................................................................32Methodological individualism...........................................................................................33Goals..................................................................................................................................33Ends and means.................................................................................................................34Value..................................................................................................................................35Utility.................................................................................................................................37Exchange and profit...........................................................................................................38Time...................................................................................................................................40The valuation of time periods............................................................................................41
An abridgement of
Human Action, a treatise on economic
s3
Uncertainty.........................................................................................................................43Rationality..........................................................................................................................44Freedom.............................................................................................................................45Labor..................................................................................................................................46The division of labor..........................................................................................................48Money and economic calculation...........................................................................................50Indirect exchange and money............................................................................................50The demand for money......................................................................................................51The purchasing power of money.......................................................................................52The supply of money.........................................................................................................53The money-substitutes.......................................................................................................55Economic calculation.........................................................................................................57The market as a condition for economic calculation.........................................................58Capital and interest.................................................................................................................61Capital goods.....................................................................................................................61Capital................................................................................................................................61Capital accounting.............................................................................................................62The convertibility of capital goods....................................................................................64The mobility of the investor...............................................................................................65Originary interest...............................................................................................................66The market rates of interest...............................................................................................67Business cycles.......................................................................................................................70Credit expansion................................................................................................................70The boom...........................................................................................................................70The breakdown..................................................................................................................72The consequences..............................................................................................................73The market..............................................................................................................................76The market process............................................................................................................76The formation of prices......................................................................................................77The market economy.........................................................................................................79The entrepreneur................................................................................................................80The sovereignty of the consumers.....................................................................................82The prices of the factors of production..............................................................................84Entrepreneurial profit and loss...........................................................................................85
Sections
« prev | next »- Preface
- The Austrian school of economics
- Human Action
- This abridgement: why and how
- The structure of this abridgment
- The place of economics in the sciences
- The scope of economics
- The physical sciences and the human sciences
- Praxeology
- Human reason
- Economics as a discipline
- The procedure of economics
- The method of imaginary constructions
- The states of rest
- The imaginary construction of the evenly rotating economy
- The imaginary construction of the stationary economy
- Logical economics versus mathematical economics
- Judgments of value
- Economics and the citizen
- Economics as a profession
- Human action
- The definition of human action
- Methodological individualism
- Goals
- Ends and means
- Value
- Utility
- Exchange and profit
- Time
- The valuation of time periods
- Uncertainty
- Rationality
- Freedom
- Labor
- The division of labor
- Money and economic calculation
- Indirect exchange and money
- The demand for money
- The purchasing power of money
- The supply of money
- The money-substitutes
- Economic calculation
- The market as a condition for economic calculation
- Capital and interest
- Capital goods
- Capital
- Capital accounting
- The convertibility of capital goods
- The mobility of the investor
- Originary interest
- The market rates of interest
- Business cycles
- Credit expansion
- The boom
- The breakdown
- The consequences
- The market
- The market process
- The formation of prices
- The market economy
- The entrepreneur
- The sovereignty of the consumers
- The prices of the factors of production
- Entrepreneurial profit and loss
- Competition
- Private property
- External costs and external economies
- Wages
- Wages and subsistence
- The labor market
- Society and government
- Human cooperation
- The individual within society
- The government
- The nature of government intervention
- Taxation
- Restriction of production
- Government interference in prices
- Freedom and laissez-faire
- Praxeology and liberalism11
- Liberalism and religion
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