Spoken Mises

The positivist-empiricist doctrine, which forms the core of today's mainstream economics, is not only an intellectual failure; it also encourages — actually provokes — social relativism, thereby opening the door to anti-free-market policies, which, once set into motion, are difficult to reign in. In that sense, positivism is, if put into practice, an anti-capitalist doctrine.

(Original Text)

Mises's Apriorism Against Relativism in Economics (5.12 MB)