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methodological characteristics of Austrian economics: Austrian action theory and interpretative understanding, a relatively …
Persistent link: https://www.econbiz.de/10012698010
One of the big mistakes in modern intellectual history of the Austrian school is to jump from the reality of Mises's and Hayek's being on the wrong side of the zeitgeist to a claim that they were somehow dismissed relics of a pre-scientific age or martyrs to the causes. The reality is that Mises...
Persistent link: https://www.econbiz.de/10013010744
We argue that the canonical reading of Hayek often falls short of the implications of Hayek's insights. We present Hayek's "knowledge problem" (how order in a society is possible without the required knowledge for that order being possessed by any particular individual), and we discuss some of...
Persistent link: https://www.econbiz.de/10012904901
The method appropriate to the historical and conceptual investigation of Hayek’s ideas is implicit in his own writings on the methodology of disciplines that study complex phenomena. The phenomena of Hayek’s career are complex phenomena requiring a method appropriate to this complexity.
Persistent link: https://www.econbiz.de/10011899124
's book Theory and History possesses considerable untapped potential in this regard. The Preface's merits as an introductory …
Persistent link: https://www.econbiz.de/10012828656
This paper is an attempt to systematize the methodological insights and contributions of the Austrian School of Economics and present them in their most up-to-date elaboration, thereby building on the earlier literature on the subject. It aims to improve on the publications listed above in two...
Persistent link: https://www.econbiz.de/10013023703
Persistent link: https://www.econbiz.de/10011853861
I argue that economists have reasons internal to the way that evidence works in the sciences to re-discover the importance of the history of their own discipline. For it is a constitutive element of science - here conceived as an ongoing research practice (as opposed to as an explanatory...
Persistent link: https://www.econbiz.de/10012733284
Persistent link: https://www.econbiz.de/10011729088
This paper conducts a systematic comparison of behavioral economics’s challenges to the standard accounts of economic behaviors within three dimensions: under risk, over time and regarding other people. A new perspective on two underlying methodological issues, i.e., interdisciplinarity and...
Persistent link: https://www.econbiz.de/10011809698