Business & Economics Books:

Ultimate Foundation of Economic Science

An Essay on Method

Format

Paperback

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Ultimate Foundation of Economic Science by Ludwig Von Mises
$26.99
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Description

Written toward the end of Mises's life, his last monograph, The Ultimate Foundation of Economic Science, returned to science, economics as a science based on human action. Mises believed that, since the publication of Human Action, economists and scientists alike had misinterpreted the idea of economics as a science by deeming it epistemological positivism -- that they believed that the "science" basis was still more rooted in philosophy than in actual science. In this volume, Mises argued that economics is a science because human action is a natural order of life and that it is the actions of humans that determine markets and capital decisions. Since Mises believed these links could be proven scientifically, he concluded that economics, with its basis on that human action, is indeed a science in its own right and not an ideology or a metaphysical doctrine. What has been described as his most passionate work, The Ultimate Foundation of Economic Science brings together all of the themes from Mises's previous work.

Author Biography

Ludwig von Mises (18811973) was the leading spokesman of the Austrian School of economics throughout most of the twentieth century. Bettina Bien Greaves is a former resident scholar and trustee of the Foundation for Economic Education and was a senior staff member at FEE from 1951 to 1999.
Release date NZ
June 30th, 2006
Contributor
Edited by Bettina Bien Greave
Country of Publication
United States
Imprint
Liberty Fund Inc
Pages
124
Dimensions
230x155x13
ISBN-13
9780865976399
Product ID
2061975

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