Epistemological Problems Of Economics (1960)

Epistemological Problems of Economics is a book written by Ludwig Von Mises, an influential economist and philosopher of the 20th century. The book explores the epistemological issues that arise in the field of economics, particularly in regards to the nature of economic knowledge and the methods used to acquire it. Mises argues that economics is a deductive science, meaning that it relies on logical deduction from a set of axioms or principles. He critiques the prevalent positivist and empiricist approaches to economics, arguing that they fail to recognize the unique nature of economic phenomena and the limitations of empirical observation. The book also delves into the concept of praxeology, which Mises defines as the science of human action. He argues that economics is a subset of praxeology, as economic phenomena are the result of purposeful human action. Overall, Epistemological Problems of Economics is a thought-provoking exploration of the fundamental issues underlying the study of economics. It challenges traditional approaches to the field and offers a unique perspective on the nature of economic knowledge.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. 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 their original work.