2009 Reprint of original 1956 edition. Paperback, 114pp. Mises wrote and lectured extensively on behalf of classical liberalism and is seen as one of the leaders of the Austrian School of economics. Mises introduced praxeology as a more general conceptual foundation of the social sciences and established that economic laws were only arrived at through the means of methodological individualism firmly rejecting positivism and materialism as a foundation for the social sciences. Many of his works were on two related economic themes:1. Monetary economics and inflation; 2. The differences between government controlled economies and free trade.

By one of the preeminent theorists of the Austrian school of economics, "The Theory of Money and Credit" represents a major contribution to the science of economics. Von Mises examines the value of money, how it can be measured, and the effects of credit and monetary policy at the nation-state level. Von Mises is well known for advocating a return to the gold standard as a way to eliminate the growth and recession cycles. Given the current economic crises, many people who want a better understanding of economic theory are turning back to this classic work in order to become informed on the role of monetary and credit policy.

2012 Reprint of 1962 Edition. Exact facsimile of the original edition, not reproduced with Optical Recognition Software. If Mises has an unheralded masterpiece, "The Ultimate Foundation of Economic Science" is it. There are two senses in which this book is indeed ultimate: it deals with the very core of economics as a science, and it is the last book that he wrote. For that reason, it is a real milestone in the history of his work. In this volume, Mises argued that economics is a science because human action is a natural order of life and that it is the actions of humans that determine markets and capital decisions. Since Mises believed these links could be proven scientifically, he concluded that economics, with its basis on that human action, is indeed a science in its own right and not an ideology or a metaphysical doctrine.

2014 Reprint of Original 1960 Edition. Exact facsimile of the original edition, not reproduced with Optical Recognition Software. "Epistemological Problems" is a milestone in Ludwig von Mises' groundbreaking development of praxeology. This important work contains foundational thoughts on his theory of human action, or "logic of action," which forms the "distinctive methodology of the Austrian School... Mises was not only the major architect and elaborator of this methodology, but also the economist who most fully and successfully applied it to the construction of economic theory" (Rothbard). Mises headed the Austrian School, which "celebrates freedom and the individual, rather than determinism and the collective... and explicitly rejects the idea that the natural sciences provide the proper model for economic analysis" (Shenoy et al., Towards a Theoretical Framework, 19, 19n). In establishing the school's epistemological foundations, Mises first began working on the subject in a series of articles published in the 1920s. He "collected and published them in his seminal philosophical and methodological work, "Grundprobleme der Nationalökonimie" in 1933," which was not translated into English until this edition. Here Mises presents "economics from the point of view of the philosophy of science, and the actual economic analysis of value and inconvertible capital." The first chapter of the book, "The Task and Scope of the Science of Human Action," evolved as the core of the system "Mises had been working on for years... He argued that economic laws were true a priori, on a par with the laws of logic and mathematics... [This] remained one of his most controversial tenets," in that it frames economic theory as addressing "acts of the real world, such as the one that human beings make choices. But the facts of this sort cannot be observed... Economics is not an empirical science in this sense, but it is a science nevertheless." To Mises "the epistemology of economics was not just an idle pastime for ivory tower intellectuals. It was of direct practical relevance." "Epistemological Problems" remains fundamental in establishing the "significance of economic calculation for the architecture of economic science." It is his most powerful and comprehensive elaboration of the span of economic science, arguing that errors of socialism, institutional racism, nationalism and other aspects of human society can be seen as a revolt against the distinctive rationality of economic logic and science. A work that "has lost nothing of its importance... Epistemological Problems contains a considerable amount of discussion that cannot be found in any other of his writings... in particular his critical discussion of the works of those thinkers to whom he felt the greatest intellectual affinity and intellectual debt: Carl Menger, Eugen von Bohm-Bawerk and Max Weber" (Hülsmann, Introduction, 2002 edition, 670-671, 948, xxix, lv).