Abstrakt
The classic methodological disputes in economics include the first battle of methods. It took place between Carl Menger, the founder of the Austrian school, and Gustav Schmoller, a member of the young German historical school.
In a sense, it has continued up until today. The first battle of methods was manifested in three topics: induction versus deduction; exact laws versus empirical laws; and the dispute about methodological individualism versus collectivism.