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A collection of 19 multidisciplinary essays concerned with the intellectual tradition of the social sciences as well as their formal and methodological properties. The arguments focus on the nature of concept formation and the logic of explanation in the social sciences.

Collects essays published between 1940 and 1973. Includes "The Significance of the Austrian School of Economics in the History of Ideas"(1960); "Model Construction and the Market Economy"(1966); "Methodological Individualism and the Market Economy"(1966); "Ludwig von Mises and the Market Process" (1971) "The Market Economy and the Distribution of Wealth" (1956) and more! Includes Appendix and Index.