Epistemological Problems of Economics (1960)

Epistemological Problems of Economics is a book written by the Austrian economist Ludwig von Mises in 1960. The book deals with the philosophical and methodological foundations of economics, focusing on the epistemological problems that arise in economic theory. Mises argues that economics is a deductive science, based on a priori principles and logical reasoning, rather than empirical observation or experimentation. He contends that economic laws are universal and timeless, and that they can be discovered through the use of praxeology, a method of logical analysis of human action. The book also explores the role of value judgments in economics, the nature of economic prediction, and the relationship between economics and other social sciences. Overall, Epistemological Problems of Economics is a seminal work in the history of economic thought, and a must-read for anyone interested in the philosophical foundations of economics.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.