The Ultimate Foundation of Economic Science
by Ludwig von Mises
Publisher: Liberty Fund Inc. 2006
Number of pages: 158
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.
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- Saylor Foundation
This book presents economic concepts and principles from the perspective of managerial economics. The purpose of managerial economics is to provide economic terminology and reasoning for the improvement of managerial decisions.
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