An Essay on the Nature and Significance of Economic Science

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About “An Essay on the Nature and Significance of Economic Science”

Lionel Robbins' essay aimed to clarify the nature of economics as a science and to explore its practical implications. It drew on established solutions to specific problems, relying on modern economic practices and referencing scholars such as Philip Wicksteed and Ludwig von Mises, as well as other European economists. Robbins emphasized that his work was not original but sought to present certain principles more clearly, focusing on a few points that he believed had not been sufficiently explained. His goal was to provide a more forceful exposition of these ideas. (Summary adapted from Wikipedia, CC BY-SA 4.0.)

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Published
1932

Some summaries adapted from Wikipedia, CC BY-SA 4.0.