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Ludwig von Mises:
Ludwig von Mises:


<blockquote>Action always is essentially the exchange of one state of affairs for another state of affairs. If the action is performed by an individual without any reference to cooperation with other individuals, we may call it autistic exchange.<ref>Ludwig von Mises, Human Action, [http://mises.org/humanaction/chap10sec1.asp Ch. 10, Sec. 1.]</ref>
<blockquote>[[Action]] always is essentially the exchange of one state of affairs for another state of affairs. If the action is performed by an individual without any reference to cooperation with other individuals, we may call it '''autistic exchange'''.<ref>Ludwig von Mises, Human Action, [http://mises.org/humanaction/chap10sec1.asp Ch. 10, Sec. 1.]</ref>
</blockquote>
</blockquote>
==References==
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[[Category:Economic concepts]]

Latest revision as of 22:57, 15 August 2011

Ludwig von Mises:

Action always is essentially the exchange of one state of affairs for another state of affairs. If the action is performed by an individual without any reference to cooperation with other individuals, we may call it autistic exchange.[1]

References

  1. Ludwig von Mises, Human Action, Ch. 10, Sec. 1.