Is Human Action (1949) CHUD or WOKE?
chudrank score: 8 / 100 (very CHUD (right-wing)). 0 is CHUD (right-wing), 100 is WOKE (left-wing).
Book by Ludwig von Mises, Bettina Bien Greaves, 1949.
20 votes: 5% WOKE, 95% CHUD.
Why: Austrian free-market economics treatise
"Human Action: A Treatise on Economics" is the first comprehensive treatise on economics written by a leading member of the modern Austrian school of economics. Von Mises contribution was very simple, yet at the same time extremely profound: he pointed out that the whole economy is the result of what individuals do. Individuals act, choose, cooperate, compete, and trade with one another. In this way Mises explained how complex market phenomena develop. Mises did not simply describe economic phenomena - prices, wages, interest rates, money, monopoly and even the trade cycle - he explained them as the outcomes of countless conscious, purposive actions, choices, and preferences of individuals, …