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Title: Ultimate Foundation of Economic Science
Sub-title: An Essay on Method
By (author): Ludwig Mises Edited by: Bettina Bien Greaves
ISBN10-13: 0865976392 : 9780865976399
Format: Paperback
Size: 155x230mm
Pages: 124
Weight: .254 Kg.
Published: Liberty Fund Inc. (US) - June   2006
List Price: 8.95 Pounds Sterling
Availability: Reprint under Consideration 
Subjects: Economics
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.
Table of Contents:
The Human Mind; The Activistic Basis of Knowledge; Necessity and Volition; Certainty and Uncertainty; On Some Popular Errors Concerning the Further Implications of the Neglect of Economic Thinking; The Epistemological Roots of Monism; Positivism and the Crisis of Western Civilisation; Index.
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