Ludwig von Mises

One of the most notable economists and social philosophers of the twentieth century, Ludwig von Mises, in the course of a long and highly productive life, developed an integrated, deduct­ive science of economics based on the fundamental axiom that in­dividual human beings act purposively to achieve desired goals. Even though his economic analysis itself was “value-free” — in the sense of being irrelevant to values held by economists — Mises concluded that the only viable economic policy for the human race was a policy of unrestricted laissez-faire, of free markets and the unhampered exercise of the right of private property, with government strictly limited to the defense of person and property within its territorial area.

Related Freeman Articles

Feature

Methodological Individualism

NOVEMBER 14, 2012 by WARREN C. GIBSON

"The hangman, not the state, executes a criminal." Ludwig von Mises's insight into the source of human action contains a world of wisdom, says Warren Gibson.

Feature

The Virtue of Market Inefficiency

NOVEMBER 14, 2012 by SANDY IKEDA

Freeman readers know markets excel at creating new efficiencies and improving everyone's lives in the process. The inefficiencies they create might be even more interesting, says Sandy Ikeda.

Feature

Economics and the Calculation Problem

OCTOBER 29, 2012 by ALEX SALTER

Central planning can't deliver resources efficiently because it ignores the full complexity of the price system.Alex Salter lays it out.

The Calling

On Human Action

We owe a debt to Ludwig von Mises.

SEPTEMBER 13, 2012 by STEVEN HORWITZ

Human Action remains one of the great achievements in the social sciences and perhaps the single most important economic treatise of the twentieth century.

Article

Capital Letters

AUGUST 29, 2012
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Related Publications

Multimedia

Sheldon Richman talks about Human Action

NOVEMBER 14, 2012 by SHELDON RICHMAN

Sheldon Richman is interviewed about the importance of Ludwig von Mises' Human Action.

Archive

Böhm-Bawerk for the Citizen

JANUARY 26, 2012 by NICHOLAS SNOW

Archive

The Point Is to Constrain

DECEMBER 12, 2011 by NICHOLAS SNOW

Archive

Socialist Theater 101

DECEMBER 08, 2011 by NICHOLAS SNOW

Archive

The Academic Publisher's Role?

NOVEMBER 30, 2011 by NICHOLAS SNOW
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