Hans Loewald's classic paper, “On the Therapeutic Action of Psychoanalysis” (1960), is one of our field's most comprehensive and elegant accounts of the analytic attitude and stance that are required to enable a psychoanalytic process leading to psychic change, as well as a fine-tuned and original conceptualization of that change. The author shows how Loewald, while not including technical or interpretive recommendations or claiming a new metapsychology, elaborates the multiple facets of the relationship between analyst and patient and provides a subtly complex description of the epistemology of clinical work. His still-fresh formulations prefigure contemporary psychoanalysis.