Epistemological Problems Of Economics (1960)

Epistemological Problems of Economics is a seminal work by the Austrian economist and philosopher Ludwig von Mises. Originally published in 1960, this book explores the fundamental epistemological issues that underpin economic theory and practice. Mises argues that economics is a deductive science, grounded in a priori principles of human action and the nature of the market. He critiques the positivist and empiricist approaches to economics, arguing that they are fundamentally flawed and cannot provide a sound basis for economic theory. Instead, Mises advocates for a praxeological approach, which emphasizes the logical deduction of economic principles from basic axioms of human action. He also discusses the role of economic history and the limitations of mathematical modeling in economics. This book is a must-read for anyone interested in the foundations of economic theory and the philosophy of science.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.