scientific rationality. If science is complex in Hayek's sense, then scientific belief may be rational in more than one way. It … is argued that a failure to recognize the possibility of multiple kinds of scientific rationality contributes to an error … theory of certain unsuccessful accounts of scientific belief in the history of philosophy of science. It is further argued …

The cornerstone of mainstream economic theory is the premise of rationality. Humans are assumed to be rational economic …

also point to the similarities between the Austrian approach to rationality and the concept of “satisficing” (under a … crucial aspect of rationality that is ordinarily taken by the Austrians to be implicit in human action (i.e., the ability to …

is dialectical but capitalism that is "metaphysical": it's an inverted reality and that's why the dialectical method is … best suited to describe this society. Thus, Colletti emphasizes the unity between Marx's theory of fetishism (or alienation …) and Marx's theory of value, which represent the analytical instrument he uses to study the anatomy and structure of modern …

-capitalist sentiments among intellectuals. Taking Mises' explanation of the anti-capitalism of intellectuals as a point of reference, this … article looks at what Robert Nozick offers as an alternative explanation for why intellectuals oppose capitalism. The article …

Efficient Market Hypothesis (EMH) is founded on the theory of expected rationality but the theory of behavioural … guided way to behave rationally or guided rationality. Based on the empirical experiences and evidences of both market … systems, this paper discusses and compares the performances of the markets under the theoretical arguments of “rationality …

In the field of philosophy of mind, the concepts of rational behavior, rational choice theory, and instrumental … rationality (the “practical reasoning” version of rationality) are important in trying to make statements and conclusions about … human thinking and behavior in general. Rational choice theory is also considered a normative but not a descriptive or …