science Methodology

Methods of inquiry in economics and social science

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"The task of the theoretician in the realm of economy is above all to teach us to understand concrete phenomena of human economy as exemplifications of a certain regularity in the succession of phenomena, i.e., as exemplifications of laws of phenomena."

— Menger, Carl event 1883

menu_book Investigations into the Method of the Social Sciences

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"Human action is purposeful behavior. Or we may say: Action is will put into operation and transformed into an agency, is aiming at ends and goals, is the ego's meaningful response to stimuli and to the conditions of its environment, is a person's conscious adjustment to the state of the universe that determines his life."

— von Mises, Ludwig event 1949

menu_book Human Action: A Treatise on Economics

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Human Action: A Treatise on Economics

person von Mises, Ludwig event 1949

Ludwig von Mises' magnum opus and the most comprehensive systematic treatment of economics from the Austrian School perspective. Mises develops pra...

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Investigations into the Method of the Social Sciences

person Menger, Carl event 1883

Menger's methodological work defending the Austrian approach to economics against the German Historical School. This book established the theoretic...

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