The Austrian Economics
study group of which I was once a member (in 2003) got tired of reading
the Austrian classic, Human Action, by Ludwig von Mises, before we
even got to chapter 10.
After a long hiatus, I have decided to resume the
effort to elucidate Human Action for anyone who's interested.
Here's a synopsis of chapters 11,
12, 13, and 14. These notes may prove helpful as you digest some
of the more advanced material in von Mises' masterpiece. I'm interested in
hearing from you -- please send me e-mail
if you think this page can be improved.
Chapter Eleven -- Valuation
without Calculation
Chapter Twelve --
The Sphere of Economic Calculation
Chapter Thirteen
-- Monetary Calculation as a Tool of Action