Human Action (book)

"Human Action" by Ludwig von Mises is a comprehensive exploration of the principles of economics from an individual-focused perspective. It explains how personal choices, driven by the pursuit of purpose and subjective values, shape markets and influence economic phenomena. The book emphasizes that all economic activity arises from individual decisions, such as saving, investing, and trading, operating within a framework of free markets. Mises advocates for the importance of economic freedom, arguing that voluntary actions of individuals lead to efficient resource allocation and prosperity, making the study of human behavior essential to understanding economic processes.