“The solution of the most important problems of the theoretical social sciences in general and of theoretical economics in particular is thus, closely connected with the question of theoretically understanding the origin and change of 'organically' created social structures.”

Source: Investigations into the Method of the Social Sciences, 1883, p. 147

Adopted from Wikiquote. Last update June 3, 2021. History

Help us to complete the source, original and additional information

Do you have more details about the quote "The solution of the most important problems of the theoretical social sciences in general and of theoretical economics …" by Carl Menger?

Carl Menger6

founder of the Austrian School of economics 1840–1921

Related quotes

“The most promising lines of development of theory in the sociological and most immediately related fields, particularly the psychological and cultural, therefore, seem to be two-fold. One major direction is the theoretical elaboration and refinement of structural-functional analysis of social systems, including the relevant problems of motivation and their relation to cultural patterns. In this process, the structure of social action provides a basic frame of reference, and aspects of it become of direct substantive importance at many specific points. The main theoretical task, however, is more than a refinement of the conceptual scheme of the presently reprinted book — it involves transition and translation to a different level and focus of theoretical systematization.”

Talcott Parsons (1902–1979) American sociologist

Preface second edition, 1949
The structure of social action (1937)

“The further away a scholarly opinion is from direct observation and the more abstract and ‘theoretical’ it is, the more defenseless it becomes against insidious opportunist errors of judgment. In economics, model thinking in particular creates scope for systematic biases… But of course all social studies must nevertheless aim at generalization. It is thus important to be able to think concretely at the same time, as I learnt from Gustav Cassel.”

Gunnar Myrdal (1898–1987) Swedish economist

Gunnar Myrdal (1982, 265); as cited in: Carlson, Benny, and Lars Jonung. "Knut Wicksell, Gustav Cassel, Eli Heckscher, Bertil Ohlin and Gunnar Myrdal on the role of the economist in public debate." Econ Journal Watch 3.3 (2006): p. 534-5

“D. V. G’s exposition of the concept of duty is not just academic and theoretical. It covers the entire range of duties that are woven into the social structure.”

D. V. Gundappa (1887–1975) Indian writer

By Prof. G. N. Sarma in "The Gita for Every Man".

“To select an appropriate fuzzy implication for approximate reasoning under each particular situation is a difficult problem. Although some theoretically supported guidelines are now available for some situations, we are still far from a general solution to this problem.”

George Klir (1932–2016) American computer scientist

Source: Fuzzy sets and fuzzy logic (1995), p. 312 as cited in: William Siler, James J. Buckley (2005) Fuzzy Expert Systems and Fuzzy Reasoning. p. 36.

“We may predict that the science of which we try to be the humble and devoted servants will in the future life of the nations be an important factor in eliminating maladjustments between fundamental economic sectors and assure a smooth and progressive utilization of resources… One wants men with a knowledge of the characteristic features of the economic and social structure of their country and with a fundamental theoretical knowledge along modern lines.”

Ragnar Frisch (1895–1973) Norwegian economist

Frisch, (1946, p. 1), as quoted in: " Ragnar Frisch 1895-1995 https://www.ssb.no/a/histstat/doc/doc_199403.pdf." O. Bjerkholt, 1994. <br class="br">1940-60s

“The most important tool of the theoretical physicist is his wastebasket.”

Albert Einstein (1879–1955) German-born physicist and founder of the theory of relativity

Told by P. Morrison
Attributed in posthumous publications, Albert Einstein: A guide for the perplexed (1979)

“In principle, every social situation involves strategic interaction among the participants. Thus, one might argue that proper understanding of any social situation would require game-theoretic analysis. But in actual fact, classical economic theory did manage to sidestep the game-theoretic aspects of economic behavior by postulating perfect competition, i. e., by assuming that every buyer and every seller is very small as compared with the size of the relevant markets, so that nobody can significantly affect the existing market prices by his actions.”

John Harsanyi (1920–2000) hungarian economist

Source: "Games with Incomplete Information," 1997, p. 136

“They (social costs) are damages or diseconomies sustained by the economy in general, which under different institutional conditions could be avoided. [... ] if these costs were inevitable under any kind of institutional arrangement they would not really present a special theoretical problem. [... ] to reveal their origin, the study of social costs must always be an institutional analysis. Such an analysis raises inevitably the question of institutional reform and policy.”

Karl William Kapp (1910–1976) American economist

Source: Social Costs of Business Enterprise, 1963, p. 186 cited in: Sebastian Berger and Mathew Forstater (2007) "Toward a Political Institutionalist Economics: Kapp’s Social Costs, Lowe’s Instrumental Analysis, and the European Institutionalist Approach to Environmental Policy". In: Journal of Economic Issues. Vol.XLI, No.2, June 2007. p. 539

“Philosophy, as I understand the word, is a positive theoretical science, and a science in an early stage of development.”

Charles Sanders Peirce (1839–1914) American philosopher, logician, mathematician, and scientist

Lecture II : The Universal Categories, §3. Laws: Nominalism, CP 5.61
Pragmatism and Pragmaticism (1903)
Context: Philosophy, as I understand the word, is a positive theoretical science, and a science in an early stage of development. As such it has no more to do with belief than any other science. Indeed, I am bound to confess that it is at present in so unsettled a condition, that if the ordinary theorems of molecular physics and of archaeology are but the ghosts of beliefs, then to my mind, the doctrines of the philosophers are little better than the ghosts of ghosts. I know this is an extremely heretical opinion.

“[Critical social science attempts] to determine when theoretical statements grasp invariant regularities of social action as such and when they express ideologically frozen relations of dependence that can in principle be transformed.”

Jürgen Habermas book Knowledge and Human Interests

Source: Knowledge and Human Interests, 1971, p. 310 as cited in: Dominick LaCapra (1983) Rethinking Intellectual History: Texts, Contexts, Language. p. 170

“The solution of the most important problems of the theoretical social sciences in general and of theoretical economics in particular is thus, closely connected with the question of theoretically understanding the origin and change of 'organically' created social structures.”

Help us to complete the source, original and additional information

Carl Menger6

Related quotes

Related topics