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The Philosophical Basis of Economics

The Philosophical Basis of Economics A WORD TO THE SOCIOLOGISTS. is a in This social causation. Its aim is to paper study show that the acts of men in social and institutions, society, social are the creation of the choices of individuals. changes Individual is the economic choice, however, governed by satisfaction with least sacrifice; law-greatest greatest at least cost. utility The fundamental and science of man’s general activities, is economics. if it would fill Economic therefore, science, of out its must follow the the workings legitimate scope, The is a of the INTRODUCTION.-The Problem- following summary argument: view The nature of social causation. Theses.-i. The of sociological point wrong. Social causation is and are acts of individuals. 2. psychical, psychical processes The economic of view correct. The of or economic principle utility selection, point the universal law of social causation. Nature Individual and 1. The Man’s Activities, Both Social.-r. Psychical of of modern ccience. 2. of phenomena Reality psychical phe- Neglect psychical by their To this re- nomena and from separateness physical phenomena. 3. deny this is to the of for rest ality and separateness deny possibility knowledge, they the common basis of all but universal assertion upon knowledge-the unproved of individual minds. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png "ANNALS of the American Academy of Political and Social Science, The" SAGE

The Philosophical Basis of Economics

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Publisher
SAGE
Copyright
Copyright © by SAGE Publications
ISSN
0002-7162
eISSN
1552-3349
DOI
10.1177/000271629701000204
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Abstract

A WORD TO THE SOCIOLOGISTS. is a in This social causation. Its aim is to paper study show that the acts of men in social and institutions, society, social are the creation of the choices of individuals. changes Individual is the economic choice, however, governed by satisfaction with least sacrifice; law-greatest greatest at least cost. utility The fundamental and science of man’s general activities, is economics. if it would fill Economic therefore, science, of out its must follow the the workings legitimate scope, The is a of the INTRODUCTION.-The Problem- following summary argument: view The nature of social causation. Theses.-i. The of sociological point wrong. Social causation is and are acts of individuals. 2. psychical, psychical processes The economic of view correct. The of or economic principle utility selection, point the universal law of social causation. Nature Individual and 1. The Man’s Activities, Both Social.-r. Psychical of of modern ccience. 2. of phenomena Reality psychical phe- Neglect psychical by their To this re- nomena and from separateness physical phenomena. 3. deny this is to the of for rest ality and separateness deny possibility knowledge, they the common basis of all but universal assertion upon knowledge-the unproved of individual minds.

Journal

"ANNALS of the American Academy of Political and Social Science, The" – SAGE

Published: Mar 1, 1897

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