--- title: "Meaning & Key Takeaway of: The social function of economic science…" description: "\"“The social function of economic science consists precisely in developing sound economic theories and in exploding the fallacies of vicious reasoning. ..." image: "https://sms4smile.com/quotes/i/033/ludwig-von-mises-364_economics_the-social-function-of-economic-science_1633761.jpg" --- # The social function of economic science consists precisely… ![“The social function of economic science consists precisely in developing sound economic theories and in exploding the fallacies of vicious reasoning. In the pursuit of this task the economist incurs the deadly enmity of all mountebanks and charlatans whose shortcuts to an earthly paradise he…” quote by Ludwig Von Mises](https://sms4smile.com/quotes/i/033/ludwig-von-mises-364_economics_the-social-function-of-economic-science_1633761.jpg) [Download](https://sms4smile.com/quotes/i/033/ludwig-von-mises-364_economics_the-social-function-of-economic-science_1633761.jpg) [Open image](https://sms4smile.com/quotes/i/033/ludwig-von-mises-364_economics_the-social-function-of-economic-science_1633761.jpg) > ““The social function of economic science consists precisely in developing sound economic theories and in exploding the fallacies of vicious reasoning. In the pursuit of this task the economist incurs the deadly enmity of all mountebanks and charlatans whose shortcuts to an earthly paradise he debunks. The less these quacks are able to advance plausible objections to an economist’s argument, the more furiously do they insult them.”” [Ludwig Von Mises](https://sms4smile.com/quotes/author/ludwig-von-mises/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Economic science aims to build solid theories and expose faulty reasoning, earning hostility from charlatans who oppose truth. **In simple terms:** Economics builds sound ideas and challenges false claims, drawing attacks from frauds. Key Takeaway Defend rigorous analysis against shortcuts. Themes economics truth intellectual honesty criticism Mood analytical defiant Type academic critical When to use this quote - academic research - policy advising - public debate - teaching economics Key Concepts methodology fallacy detection ideological conflict Questions to Reflect On - How can economists communicate complex ideas without alienating audiences? - What safeguards protect truth in public discourse? 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