Human Action and Social Prosperity
“The Economics of Human Action” is not just a textbook – it is Saifedean Ammous’ comprehensive, compelling and accessible introduction to the world of economics, offering valuable insights to students, laypeople and economic experts alike. Following the international bestseller “The Bitcoin Standard” and its successor “The Fiat Standard”, Ammous establishes himself with this work as one of the world’s leading communicators of economic ideas.
This book – the result of four years of intensive work and two decades of teaching – illuminates the principles, methods and concepts of economics from the rarely appreciated perspective of the Austrian School of Economics, in a clear, compelling and informative manner. Rather than relying on mathematical analysis and abstract models, Ammous illustrates core economic concepts with plain language and real-world examples. Discover how we deal with scarcity, how trade, money and markets truly function, and why a respectful approach to property rights is the foundation of our civilisation.