Choice
Choice

Choice

Cooperation, Enterprise, and Human Action

BUSINESS & ECONOMICS

336 Pages, 6 x 9

Formats: Paperback

Paperback, $24.95 (US $24.95) (CA $29.95)

Publication Date: June 2015

ISBN 9781598132182

Price: $24.95
 
 

Overview

Unlike what usually passes for economics in many classrooms, government, the media and elsewhere, Choice is an engaging and intriguing book that provides something quite unique: a genuine treatise on economics that both instructs and entertains both economists and general readers. Drawing on the seminal volume by the \u201cAustrian School\u201d economist Ludwig von Mises, Human Action, and comparing classical and neoclassical approaches, Choice is a creative, comprehensive, and unusually lucid book on economic science and market processes. The book illuminates free economies as underpinning civilization, the folly of government central planning, the primacy of entrepreneurship and innovation, the nature of money and banking, the causes of the business cycle, the failures of government intervention, and more.As a result, Choice teaches economic principles and exposes economic fallacies, and any reader will learn both the important truths about economics and th

Reviews

"No one working today rivals Robert Murphy in his superb book, Choice, with an all-too-rare, lively writing that engages as well as instructs the general public. And what Murphy offers here is no mere primer. Choice is something quite unique: a genuine treatise on economics that instructs and entertains even non-economists. Any reader of this book will learn both the important basic truths about the science of economics and the crucial value of individual choice, entrepreneurship, and free markets." —Donald J. Boudreaux, Professor of Economics, George Mason University "In Choice, Robert Murphy's achievement is extraordinary. He not only makes Human Action more easily understandable, but also does what Mises could not do. He relates Mises's ideas to late twentieth and early twenty-first century developments in economics and other fields and shows how these ideas are so vitally important for both economists and the general public alike." —Mario J. Rizzo, Director, Program on the Foundations of the Market Economy, New York University "Human Action by Ludwig von Mises is the greatest of all economic tomes. In Choice, Robert Murphy brings this masterwork down from the summits of theory and history into the hands of today's citizens in the form of a pithy text as topical as headline news and as trenchant as the original work of the Austrian titan himself." —George Gilder, author, Wealth and Poverty and other books "If you seek to understand the Austrian economist's way of thinking, Choice is a great place to start. Robert Murphy does an excellent job leading the reader through the key insights in Ludwig von Mises's classic Human Action and then expanding upon them. He uses clear examples to show the similarities and differences between Austrian, Marxist, classical, and neoclassical approaches to economic reasoning. I strongly recommend it." —Price V. Fishback, Thomas Brown Professor of Economics, University of Arizona "Ludwig von Mises's Human Action remains the premier presentation of Austrian economics. Its 900 pages, however, doubtlessly inhibits many people from reading this masterpiece. With his wonderful book Choice, Robert Murphy presents a convenient solution for such people: in 300 pages, he presents a very readable précis of Human Action, one whose fine quality will surely inspire many readers to turn to Mises himself." —Richard Wagner, Harris Professor of Economics, George Mason University "In Choice, economist Robert Murphy has achieved the much-needed idea of rendering Ludwig von Mises's masterwork, Human Action, in prose that is user-friendly to 21st century speakers of English with no prior training in economics. The result is a great read—and by preserving the core insights of Austrian economics in this way, Murphy has performed an invaluable service." —Gene Epstein, Economics Editor, Barron's "Ludwig von Mises was not only the greatest economist of his time, he remains arguably the most important economist of our time. Robert Murphy's Choice captures the essential Misesian contributions to the science of economics. Students will benefit greatly from a careful reading of Murphy and it will prepare them to better appreciate the depth of Mises's contributions. Highly recommended!" —Peter J. Boettke, University Professor of Economics and Philosophy, George Mason University "Robert Murphy is a gifted expositor and one of the great teachers of Austrian School economics. What a delight to see him turn his talents to Mises's seminal work! Human Action is a profoundly important book, but its insights are not always accessible to the modern reader. Murphy's thorough, engaging, and funny book Choice will help spread Mises's message far and wide." —Peter G. Klein, Professor of Entrepreneurship, Baylor University "A condensed and readable version of Ludwig von Mises's Human Action would be a significant contribution to economics. Such a book now exists in Choice that places Human Action in the context of Mises's own body of work

Author Biography

Robert P. Murphy is a visiting assistant professor of economics at Hillsdale College, a visiting scholar at New York University, and a senior fellow in business and economic studies at the Pacific Research Institute. He is the author of several books, including How Privatized Banking Really Works, Lessons for the Young Economist, The Politically Incorrect Guide to Capitalism, and Study Guide for Ludwig von Mises' Human Action. His articles have appeared in numerous publications, including Economic Affairs, Forbes, Investor's Business Daily, and the Los Angeles Times and he has appeared on CNBC, C-SPAN, Fox Business Network, and other television and radio networks and programs. Donald J. Boudreaux is research fellow at the Independent Institute, an associate editor of the Independent Review, and the chairman and professor in the department of economics at George Mason University. He has been president of the Foundation for Economic Education and associate professor of legal studies and economics at Clemson University. His articles have appeared in the American Spectator, Investor's Business Daily, Journal of Commerce, the Wall Street Journal, and the Washington Times, and several scholarly journals such as Antitrust Bulletin; the Journal of Money, Credit, and Banking; Southern Economic Journal, and the Supreme Court Economic Review. He lives in Fairfax, Virginia.

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