@article{1451076,
      recid = {1451076},
      author = {Block, Walter, and Jankovic, Ivan},
      title = {Action and choice : an introduction to economics /},
      pages = {1 online resource (xi, 252 pages : illustrations).},
      abstract = {This textbook is based upon a philosophical method of  logical deduction from basic principles such as scarcity,  individual choice and subjectivism. This textbook attempts  to show that all complex phenomena of economic theory such  as prices of consumer goods and factors of production,  saving and consumption, interest and profit, can be  explained by the same primitive psychological principles of  scarcity and substitution on the margin that could be used  to describe economizing Robinson Crusoe on a desert island  or two cavemen catching fish or exchanging apples for  oranges. This textbook distils the essence of economic  science prevailing in price theory before the 1930s, which  the authors argue is superior to currently popular  mainstream theory into a readable and student-friendly  textbook format. This is an introductory textbook written  in the tradition of Menger, Bohm-Bawerk, Mises and Hayek,  instead in the tradition of Alfred Marshall and John  Maynard Keynes, as almost all modern textbooks are. The  authors offer a text not predicated on physics envy; on an  attempt to liken economics to the physical sciences, on the  basis of "empirical evidence", statistics and verification.  .},
      url = {http://library.usi.edu/record/1451076},
      doi = {https://doi.org/10.1007/978-981-19-3751-4},
}