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.
Ludwig von Mises (18811973) was the leading spokesman of the Austrian School of economics throughout most of the twentieth century. Bettina Bien Greaves is a former resident scholar and trustee of the Foundation for Economic Education and was a senior staff member at FEE from 1951 to 1999.
Ludwig von Mises (1881-1973), considered by many to be the leading
light of the Austrian School of economics, first published this
essay in 1963 for the purpose of summing up his thoughts on the
epistemological foundations of economics. He concisely explains the
Austrian School's position that economic theory is logically
derived from basic principles of human reaction. This "praxeology"
explains how all human action is intended to improve an
individual's satisfaction and how this, in turn, leads to
understanding markets and capital decisions. Reference & Research