Description: This book presents a concise introduction to the epistemology and methodology of the Austrian School of economics as defended by Ludwig von Mises. The author provides an innovative interpretation of Mises' arguments in favour of the a priori truth of praxeology, the received view of which contributed to the academic marginalisation of the Austrian School. The study puts forward a unique argument that Mises - perhaps unintentionally - defends a form of conventionalism. Chapters in the book include detailed discussions of individualism, historicism, epistemological positions, and essentialism. The author goes on to discuss Mises' justification of the fundamental axiom and proposes a conventionalist interpretation. By presenting praxeology as a conventionalist research programme, the author aims to reinvigorate the interaction between the Austrian School, mainstream economics, and the philosophy of science. This comprehensive reconstruction is suitable for economists interested in the history and philosophy of their discipline, as well as for philosophers of science.
Review Quotes:
"This book is a welcome contribution to both epistemology and Austrian economic thought. It is a solid contribution to the literature ... ." (Per L. Bylund, The Review of Austrian Economics, Vol. 36 (4), 2023)
"In this book, Linsbichler provides a deliberate analysis of a number of Mises' unsophisticated texts through a method Linsbichler calls rational reconstruction. Through this approach, Linsbichler appears to succeed in shedding new light on Mises' epistemology." (Natsuka Tokumaru, History of Economic Ideas, Vol. 26 (2), 2018)