In this issue of the Misesian we celebrate seventy-five years of Human Action. As you will see in the next pages, many of our top scholars examine the legacy of Human Action and find it continues to inspire new generations of economists, scholars, and students.
Mises’s great treatise is the antidote to the real and immediate threat to human liberty and society represented by the pernicious social philosophy of progressivism.
Stiglitz won the 2001 Nobel Prize in economics, but that doesn't mean he understands free markets, as you might expect from the title of this book. No, Professor Stiglitz, in the free market, there are no government subsidies or taxes.
One of the great lessons of Mises’s Human Action is that the institutions of the free society—private property and sound money—make up the environment enabling economic progress, and hence, human flourishing. It is the book that made me an economist.
At our conference celebrating the 75th anniversary of Human Action, several of the speakers reflected on how Human Action has influenced their own personal economic thinking, their writing, and their careers. Enjoy their recollections.
David Stockman is, to say the least, no admirer of Donald Trump, but even those inclined to a more favorable view of the former president than his will find much of value in this book.
