Human Action Mises Ludwig von
Human Action Mises Ludwig von In the foreword to Human Action: A Treatise on Economics, Mises explains complex market phenomena as "the outcomes of countless conscious, purposive actions, choices,…
Specifikacia Human Action Mises Ludwig von
Human Action Mises Ludwig von
In the foreword to Human Action: A Treatise on Economics, Mises explains complex market phenomena as "the outcomes of countless conscious, purposive actions, choices, and preferences of individuals, each of whom was trying as best as he or she could under the circumstances to attain various wants and ends and to avoid undesired consequences." It is individual choices in response to personal subjective value judgments that ultimately determine market phenomena--supply and demand, prices, the pattern of production, and even profits and losses. He sees the science Although governments may presume to set "prices," it is individuals who, by their actions and choices through competitive bidding for money, products, and services, actually determine "prices." Thus, Mises presents economics--not as a study of material goods, services, and products--but as a study of human actions.
Human Action Mises Ludwig von
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