Power & Market

Human Action Was Published on This Day in 1949

Ludwig von Mises’s Human Action was published on this date in 1949. From the beginning, the Mises Institute’s mission has been to champion this book’s importance in the history of economic thought.

In the words of Henry Hazlitt, in his New York Times Review:

Human Action is, in short, at once the most uncompromising and the most rigorously reasoned statement of the case for capitalism that has yet appeared. If any single book can turn the ideological tide that has been running in recent years so heavily toward statism, socialism, and totalitarianism, Human Action is that book.

Thanks to our generous donors, the vital ideas in this book are more widely accessible than ever before. This is true not only due to translations that have birthed entire Austro-libertarian movements around the world, but also in the ways it is available to anyone sincerely interested in the ideas that build a peaceful and prosperous civilization.

The Mises Institute has long made the text of Human Action available for free online as an HTML, PDF, and EPUB, as well as an audiobook. Also available is Robert Murphy’s invaluable study guide. Both are also available in physical form at the Mises Bookstore.

In order to make Human Action even more accessible to modern readers, Jeff Deist dedicated his Human Action Podcast to a full series on the book. Each episode pairs a section of the book with an important Austrian scholar, helping to flesh out and explain the most important parts of the book.

Why You Should Read Human Action in 2020 with Dr. Shawn Ritenour
Human Action Part One with Dr. David Gordon
Human Action Part Two with Dr. Robert Murphy
Human Action Part Three with Dr. Per Bylund
Human Action Part Four with Dr. Jeffrey Herbener
Human Action Part Four with Dr. Joe Salerno
Human Action Part Four with Dr. Mark Thornton
Human Action Part Five with Ryan McMaken
Human Action Part Six with Dr. Peter Klein
Human Action Part Six with Jeff Deist
Human Action Part Seven with Dr. Tom Woods

For those who prefer articles, the Institute also has a number of articles highlighting the book’s historical significance, and modern relevance. These include:

Human Action: A Chapter-by-Chapter Summary“ by Martin Stefunko
Why You Should Read Human Action—Very Carefully“ by Joseph T. Salerno
The Place of Human Action in the Development of Modern Economic Thought“ by Joseph T. Salerno
Covid Lockdowns Crippled the Division of Labor, Setting the Stage for Civil Unrest“ by Jonathan Newman
America’s Riots Are Just the Latest Version of Marxist ‘Syndicalism’ by Mark Thornton

The Mises Institute is proud to be the only American research organization dedicated to developing new generations of Misesian scholars. Thanks to our donors, the Austrian school of economics is stronger now than ever before, with scholars around the world. Our new graduate program will only further this cause in the future.

The world today needs the ideas of Ludwig von Mises, as articulated in Human Action, as much today as ever before.

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What is the Mises Institute?

The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. 

Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.

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