Guido Hülsmann’s Abundance, Generosity, and the State provides readers with an explanation of the nature and causes of gratuitous goods. Hülsmann demonstrates how free markets are infused with both intentional and unintentional gratuity, and how the repressive and permissive interventions of the modern state lead to their destruction.This work is desperately needed and represents a remarkable achievement by one of the Austrian School’s leading lights of our time. It is the first successful and systematic treatment of this underappreciated category of human action. Therefore, it is no exaggeration to say that it belongs alongside the great advancements in economic science, and I can say, without hesitation, that it will stand alongside works such as Ludwig von Mises’s Socialism and Murray
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