Ludwig von Mises is considered one of the most significant economic and social science thinkers of the 20th century. He recognized the logic of human action as the cornerstone of economics, revolutionizing the thinking of entire generations of economists. Mises' scientific insights are not only timeless; they are more relevant than ever today to engage meaningfully in economic and social policy debates about pressing issues of our time—such as income and wealth inequality, migration, and resource utilization—and to derive sensible solutions from them.

This book is an easily understandable introduction to Mises' extensive work and the insights presented within it: the impossibility of socialism, the welfare-promoting and peace-establishing effects of liberalism, the dangers of interventionism, the nature of money, the causes of economic and financial crises, and much more.