Title: The Ultimate Foundation of Economic Science: An Essay on Method (1962)
Publisher: Kessinger Publishing
Publication Date: 2010
Language: English
ISBN 10: 1169831494
ISBN 13: 9781169831490
Binding: Hardcover
Condition: New

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Synopsis

This scarce antiquarian book is a facsimile reprint of the original. Due to its age, it may contain imperfections such as marks, notations, marginalia and flawed pages. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions that are true to the original work.

Review

Ludwig von Mises (1881-1973), considered by many to be the leading light of the Austrian School of economics, first published this essay in 1963 for the purpose of summing up his thoughts on the epistemological foundations of economics. He concisely explains the Austrian School's position that economic theory is logically derived from basic principles of human reaction. This "praxeology" explains how all human action is intended to improve an individual's satisfaction and how this, in turn, leads to understanding markets and capital decisions.

Reference & Research Book News
November 2006

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