The Human Action Podcast

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Man, Economy and State with Jeff Deist

  • The Human Action Podcast

Tags Austrian Economics OverviewMonopoly and CompetitionPraxeologyValue and Exchange

07/03/2020Jeff Deist

Today's solo show kicks off our reading of Rothbard's landmark Man, Economy, and State with a look at Chapter 1, "Fundamentals of Human Action." So much of what economics texts get wrong is laid out brilliantly here by Rothbard, who gives readers the basics of action, means/ends, time, ranking, factors of production, and capital in this 77 page master class. The short appendix at the end of the chapter alone is a bombshell—demystifying the correct form for economic analysis, and explaining why psychology is not praxeology. Don't miss this introduction to the book you know you need to read! 

Use the code HAPOD for a discount on Man, Economy, and State from our bookstore:

Man, Economy and State with Jeff Deist

Additional Resources

Man, Economy, and State:

Bob Murphy's Study Guide to Man, Economy, and


Note: The views expressed on are not necessarily those of the Mises Institute.

Contact Jeff Deist

Jeff Deist is president of the Mises Institute. He previously worked as chief of staff to Congressman Ron Paul, and as an attorney for private equity clients. Contact: email; twitter.

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