Profit and Loss
by Ludwig Von Mises
Publisher: Von Mises Institute 2008
ISBN/ASIN: B001N3FB02
Number of pages: 57
Description:
The author explains how cost accounting is the critical institution that ferrets out social waste, ensures that resources are directed to their most highly valued ends, and how entrepreneurs respond to price signals. His presentation is systematic, relentless, logical, and ultimately devastating to the opponents of profit and loss.
Download or read it online for free here:
Download link
(PDF)
Similar books

by J. A. Roels - IOS Press
This book develops a consistent theory of evolution in its wider sense. The author of the book traces a continuous line of evolving information sets that connect the Big-Bang to the firms and markets of our current socio-economic system.
(7540 views)

by Ariel Rubinstein - Cambridge University Press
Five essays investigating both the economics of language and the language of economics. The author touches on the structure of binary relations in daily language, the evolutionary development of the meaning of words, and more.
(19293 views)

by Ludwig Lachmann - Ludwig von Mises Institute
A robust theory of capital that incorporates an Austrian understanding of the business cycle and the market process. This book remains a seminal study written while the author was at the height of his intellectual powers.
(15991 views)

by Ludwig Von Mises - Libertarian Press
The author searches for the roots of the common anti-capitalist bias. What makes so many people unhappy in the private property order? In such a system, the failures need a scapegoat. People whose ambitions have not been satisfied blame the system.
(19282 views)