The Ultimate Foundation of Economic Science

The Ultimate Foundation of Economic Science: An Essay on Method is a book written by Ludwig Von Mises, one of the most influential economists of the 20th century. In this book, Mises presents his views on the methodology of economics, arguing that economic science is based on a priori principles that are independent of empirical observation. He argues that economics is a deductive science that starts with basic axioms and builds up to more complex theories and models. Mises also discusses the role of economics in society, arguing that it is a crucial tool for understanding human action and decision-making. He explores the relationship between economics and other social sciences, such as psychology and sociology, and argues that economics provides a unique perspective on human behavior that is not available from other disciplines.The book is divided into four parts. The first part provides an overview of Mises' views on economic methodology, while the second part explores the relationship between economics and other social sciences. The third part discusses the role of economics in society, and the fourth part examines the implications of Mises' views for economic policy.Overall, The Ultimate Foundation of Economic Science is a seminal work in the field of economics, providing a comprehensive and insightful exploration of the methodology and role of economics in society. It is essential reading for anyone interested in understanding the foundations of economic science and the role it plays in shaping our world.This is a new release of the original 1962 edition.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.