The famed Methodenstreit of the late 19th century was the battle of method. It pitted the emerging Austrian School against the German Historical School over a critically important question: what is the proper way to do social science? Here Carl Menger, the founder of the School, vindicates the importance of theory, and lays the foundation for later developments by Mises and others.
Joseph Salerno writes: "The Investigations precipitated a furor among German economists who heatedly responded with derisive attacks on Menger and the Austrian School. In fact, this latter term was originated and applied by the German Historicists in order to emphasize the isolation of Menger and his followers from the mainstream of German economics."
No Austrian can overlook this very important treatise on method. paperback, 260 pgs.
