Man, Economy, and State

Where I heard about it

• Brendan McCord — on his Philosopher-Entrepreneur Reading List, in the Political Economy part under Austrian School Economics, March 2026, near the end of the section after the Mises and Hayek primary works and their biographies. It is marked with a ☑️ on the source page, which gives no legend for that mark. Full transcription: The Philosopher-Entrepreneur Reading List.

About this edition

It began as a textbook companion to Mises’s Human Action and became its own restatement of Austrian theory, notable for reconstructing production and capital theory in detail and for a long analysis of monopoly that rejects the standard textbook treatment. Later editions bind in Power and Market, Rothbard’s taxonomy of government intervention, which he originally wrote as the final section and which pushes the treatise toward his anarcho-capitalist conclusions.

Connections

• The Machinery of Freedom — David Friedman’s consequentialist version of the same anarcho-capitalist conclusion, in McCord’s Anarcho-Capitalism section.
• The Last Knight of Liberalism — the biography of Mises, whose Human Action this treatise was written to follow.
• Capitalism — the system the treatise analyses.
• The Philosopher-Entrepreneur Reading List — the curriculum this came from.