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by Gregory
on 10/17/2009
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Suprisingly Good
I first received this booklet I was thinking that I would disappointed in its academic rigor. Nothing could be further from the truth. Hoppe manages to pack a great deal of economic philosophy into such a brief text. I found it to be dense in nature, thought provoking, and quite a challenging read at first pass for an analytic student of economics. For such a meager price, the information within is a value. I feel it has made for a great primer on an self-taught Austrian Econcomics and has naturally lead me my next text: Epstimelogical Problems of Economics by Mises himself. I reccomend it to university students and graduates alike as a primer as well.
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by David Dittmann
on 8/16/2009
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Economic Science and the Austrian Method
In step-by-step progression, this foundational-intellectual approach to Austrian Economics is a defense of the rational framework and perspective of Austrian Economics. One must be steeped in the tradition of Kantian thought or read a primer to gain the full magnitude of the treatise.
Refreshingly philosophical, yet highly insightful, Hoppe develops Mises economic presuppositions of the primacy of apriori knowledge and a pure theory of action. Thusly, he posits arguements against empirical and historicist theories because they are inadequate from an epistemological basis.
Finally, Mises Praexology, and a proper perspective of epistemology and action (or synthesis of the two), is the correct framework from which to develop a true understanding of Economic Science.
The Footnotes and Recommended Readings section are valuable and used with keen precision.
I enjoyed the book because of its philosophical basis, rather than from its defensive argumentation.
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