To begin, Mises speaks on how economics revolutionized our understanding of the human condition and the rules of human interaction, by organizing, defining, and explaining social phenomena. According to Mises, not only is market activity explained by these economic rules and terms, but also all other human activity, i.e. human action. I can't help but be reminded of the applications of neoclassical theory to areas outside the economic sphere by the later Chicago School, from Law and Economic to Economics of Crime (Freakonomics with Steven Levitt).
It's interesting rereading Mises after being more thoroughly educated in broader economic history and context. Not just in terms of where and why these ideas are being drawn from and presented, but also the imprint left on the economic tradition.
Wish me luck in completing Von Mises' magnum opus!






