Lectures in Austrian Economics, Volume I

Jesús Huerta de Soto is Professor of Economics at the King Juan Carlos University and a Senior Fellow at the Mises Institute.

• 1. Introduction.- 2. Human Action and Entrepreneurship.- 3. The Concept of Human Action.- 4. Time, Uncertainty and Institutions.- 5. Cost, Profit and Loss.- 6. Entrepreneurship, Alertness and Knowledge.- 7. The Characteristics of Entrepreneurial Knowledge (I).- 8. The Characteristics of Entrepreneurial Knowledge (II).- 9. The Characteristics of Entrepreneurial Knowledge (III).- 10. The Characteristics of Entrepreneurial Knowledge (IV).- 11. The Essential Effects of any Entrepreneurial Act.- 12. The Essential Principle of Entrepreneurship.- 13. The Classification of Phenomena according to their Degree of Complexity.- 14. Methodological Differences between the Natural and the Social Sciences.- 15. Theory and History.- 16. The Method of Political Economy.- 17. Criticism of Positivism.- 18. Exaggerated Rationalism and Polylogism.- 19. A First Analysis of the Category of Action.- 20. The Law of Marginal Utility.- 21. The Law of Diminishing Marginal Returns or Productivity.- 22. From Individual Human Action to Society and Exchange Interactions.- 23. Economic Calculation.- 24. The Market.- 25. The Basic Law of Price Determination.- 26. Cost, Value & Appraisement.- 27. Competition and Monopoly.