This is the bible of Austrian economics by the grandfather of Austrian economics, Ludwig von Mises. Human Action is Mises’ magnum opus on economics, philosophy, and history—or more precisely, it’s about what Mises terms “praxeology”: the study of human action, which all economic activity boils down to. This is a long book (it took me half the year to get through, which is why there are fewer honorable mentions this year) but it was worth it. You will better understand the world today by reading this 82-year-old tome than by reading today’s newspapers.
According to my Goodreads stats (which I use to track every book I read), I read 95 books in 2020, which is down slightly from last year (114). Though that includes comic books, which are shorter and quicker to read, plus audiobooks, and I read less comics, so more full-books in all. My increased reading was not due to being stuck at home during quarantine as that didn’t affect my lifestyle much—it’s primarily because I severely cut down on reading Twitter and other online news. I previously wrote about the futility of following the daily news closely, but I still clung to Twitter—a little too much—sometimes a lot too much. I will expand upon how I broke my Twitter addiction in a future post, but suffice it to say, these days I check Twitter just once a day (at night after getting my work done) for only a couple minutes—if at all. This immediately reduced my stress levels and gave me much more time to read more valuable things that will stand the test of time, such as the following books.