On Abstract and Historical Hypotheses and on Value Judgments in Economic Sciences

Luigi Einaudi (1874-1961) was a leading liberal economist, economic historian and political figure. This book provides the English-speaking world with a first critical edition of Einaudi’s – hitherto unpublished – rewriting of one of his most unique and thoughtful essays.

The relevance of this essay is crucial from several perspectives: history and methodology of economic thought, role of economics...