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Ludwig Von Mises: Fountainhead of the Modern Microeconomics Revolution | [Eamonn Butler]

Ludwig Von Mises: Fountainhead of the Modern Microeconomics Revolution

The Austrian economist Ludwig von Mises is increasingly recognized as one of the most important originators of modern economic thought. This book studies his ideas in a clear and systematic way and pulls out from Mises's own writings the main themes of his work. Mises's central theme is an emphasis on microeconomics. All real economic decisions, he insists, are taken by particular people at particular times and places; the motivating forces, therefore, are personal and psychological.
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Publisher's Summary

The Austrian economist Ludwig von Mises is increasingly recognized as one of the most important originators of modern economic thought. This book studies his ideas in a clear and systematic way and pulls out from Mises's own writings the main themes of his work. Mises's central theme is an emphasis on microeconomics. All real economic decisions, he insists, are taken by particular people at particular times and places; the motivating forces, therefore, are personal and psychological. In this view, economics is not a science at all, but a discipline more like mathematics or geometry. Its principles are deduced not by observation and experiment, but from certain axiomatic facts about the nature of human choice. This basic insight allows Mises to study important topics such as entrepreneurship and competition in new and fruitful ways.

©1988 Eamonn Butler; (P)1993 Blackstone Audio, Inc.

What the Critics Say

"Riggenbach, a radio announcer and longtime voiceover artist, has an engaging, authoritative voice." (Talking Book Review)

What Members Say

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  •  
    Kent Fairfield, CA, United States 12-22-09
    Kent Fairfield, CA, United States 12-22-09
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    "An economic giant for the rest of us..."

    This book is a thoroughly outstanding explanation of the work of Ludwig von Mises. Butler takes Mises' complex work and translates it into a very readable presentation of ideas. It's a great complement to F.A. Hayek's "The Road to Serfdom." I recommend it to those who are interested in why the Obama administration's policies and stimulus efforts are slow to impact the recession and return us to prosperity. The basics laid out in this book give great insights into how we got into the current economic mess. Considering that, it also gives strong cues as to how to get us on the path to long term economic strength.

    8 of 9 people found this review helpful
  •  
    JESSICA 08-15-10
    JESSICA 08-15-10 Member Since 2010
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    "Plays to Fast"

    This recording plays fast. It is a good book but there is something wrong with the recording that makes this a difficult one tolisten to.

    2 of 2 people found this review helpful
  •  
    Andrew Encinitas, CA, United States 05-10-10
    Andrew Encinitas, CA, United States 05-10-10
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    "good economic history"

    Very interesting story behind one of the great economists who stands in the shadow of Hayak and Keynes (but deserves to stand with them). It was not overly technical and all in all enjoyable.

    2 of 2 people found this review helpful
  •  
    Edward Brooklyn, NY, USA 11-12-12
    Edward Brooklyn, NY, USA 11-12-12 Member Since 2009

    I write on economics, history and politics. I read/listen to feed my pen. I enjoy great narration more than music,, movies or tv.

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    "It's all here."
    Would you recommend this audiobook to a friend? If so, why?

    I would recommend it to a studious intgeligent friend because it gets right to the kernal of how society is motivated or restrained.


    What other book might you compare Ludwig Von Mises to and why?

    This book is unique in my experience. I wanted to read about the man but instead I discovered the idea. The idea is more powerful than the man, even though the author does not hesitate to point out flaws.


    What about Jeff Riggenbach’s performance did you like?

    Riggenbach has a wonderful voice and comprehension of the subject.


    Was this a book you wanted to listen to all in one sitting?

    I listen to parts of this book over and over to build my undrstanding of those parts that contrast with popular opinion.


    Any additional comments?

    Mises was a slave of truth. He was incapable of adjusting to popular trends.

    1 of 1 people found this review helpful
  •  
    Adam hanover, PA, United States 09-26-12
    Adam hanover, PA, United States 09-26-12
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    "Dense because its Audio"
    Would you say that listening to this book was time well-spent? Why or why not?

    I really enjoyed listening to it, but its not your dreamy type of story where you can really be engaged emotionally. Its all logic baby. If you are interested in a great economist boiled down to his essentials in a format that takes close attn, but is easier then the real thing, this is a great listen. I reccomend it.


    What do you think the narrator could have done better?

    Slowed down at times... Fixed on operative words a tad more specifically


    1 of 1 people found this review helpful
  •  
    John Chicago, IL, United States 01-22-11
    John Chicago, IL, United States 01-22-11 Member Since 2004
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    "Homo emoticus rules homo economicus"

    I had not realized how much von Mises focused on the psychological and emotional aspects of economics; had always assumed he was more of a pure rationalist. Found myself saying, "Yes, that is where the classical model fails" and "Yes, empiricism can ony crudely capture that." A very worthwhile book read well!

    1 of 1 people found this review helpful
  •  
    Jason Vancouver, BC, Canada 10-13-12
    Jason Vancouver, BC, Canada 10-13-12 Member Since 2012
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    "Good Overview"
    Any additional comments?

    It is a good overview of economic ideas and if you enjoy economics it is entertaining to listen to. Nothing very advanced but a good overview to listen to while your on the go.

    0 of 0 people found this review helpful
  •  
    Amazon Customer United States 11-11-11
    Amazon Customer United States 11-11-11

    Direct Feedback

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    "Worth the time to listen."

    This was a little complicated and I had to listen to some parts more than once. It is absolutely worth the time and effort. Von Mises has a great perspective on economics and I loved listening to it in this generalized format.

    0 of 0 people found this review helpful
  •  
    Anna Denver, CO, United States 08-22-12
    Anna Denver, CO, United States 08-22-12 Member Since 2012
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    "A statistics book that does not use statistics!!"
    What could have made this a 4 or 5-star listening experience for you?

    If the author did not use rhetoric to write a book about statistics and used statistics to write a book about statistics. The book makes generalizations about how different classes of people react to situations and then magically create a causality. Use statistics.


    Would you ever listen to anything by Eamonn Butler again?

    No.


    Which character – as performed by Jeff Riggenbach – was your favorite?

    Much was fictional but no characters.


    What character would you cut from Ludwig Von Mises?

    All of it!!!


    Any additional comments?

    Don't recommend this book.

    0 of 2 people found this review helpful
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