Economic as a Theoretical Science and Its Relationship to the Historical and Pratical Economic Sciences – Part 1

Authors

  • Carl Menger

DOI:

https://doi.org/10.30800/mises.2013.v1.489

Keywords:

Economics, Historical Sciences, Practical Sciences, Concrete phenomena, Practical phenomena

Abstract

The author argues that theoretical economics can not take the place of history or economic statistics in the pursuit of knowledge and the most comprehensive research in the field of history or statistics can not replace theoretical economics without leaving a vacuum in the system of economics. Understanding concrete phenomena of any kind whatsoever, must always distinguish the scientific basis of this understanding, ie, the theory or history of relevant phenomena; practical and theoretical understanding of economic phenomena should be distinguished, in particular, the economics theory.

Downloads

Download data is not yet available.

Metrics

Metrics Loading ...

Published

2013-12-01

How to Cite

1.
Menger C. Economic as a Theoretical Science and Its Relationship to the Historical and Pratical Economic Sciences – Part 1. MisesJournal [Internet]. 2013Dec.1 [cited 2021Jul.25];1(2):375-86. Available from: https://revistamises.org.br/misesjournal/article/view/489

Issue

Section

Economics, Methodology and Praxiology