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F. A. Hayek published The Road to Serfdom in 1944, so 2019 marks the 75th anniversary of the event. The paper traces how Hayek came to write the book, who his opponents were, and how the book got interpreted by both friends and critics after its publication. Because the book is more typically...
Persistent link: https://www.econbiz.de/10012049446
F.A Hayek is one of the most important and influential advocates of liberalism in the 20th century. His theory is famously based on the concept of spontaneous order, an order emerging from the interaction of individuals without central control and appears critical of every form of...
Persistent link: https://www.econbiz.de/10012515205
There is something extreme about Mises' apriorism, namely, his epistemological justification of the a priori element(s) of economic theory. His critics have long recognized and attacked the extremeness of Mises' epistemology of a priori knowledge. However, several of his defenders have glossed...
Persistent link: https://www.econbiz.de/10011606989
The present essay investigates F.A. Hayek's epistemology and his methodology of sciences of complex phenomena for implications relevant to an explanation of Hayek's own socalled "epistemic turn." The thesis defended here is that Hayek's dissatisfaction with his technical economics - in...
Persistent link: https://www.econbiz.de/10011706625
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
In the 1950s, Jacques Rueff’s references to social order seem pretty clear: it is not a spontaneous phenomena. Although Rueff is generally seen as a liberal economist, this has prompted commentators to see in his approach something more artificial than Hayek’s own ideas on social order....
Persistent link: https://www.econbiz.de/10014474868
is meant by rational economic theory” (Neurath) and whether “socialism is the abolition of rational economy” (Mises …
Persistent link: https://www.econbiz.de/10012607642
Carl Menger’s Principles of Economics, published in 1871, is usually regarded as the founding document of the Austrian School of economics. Many of the School’s prominent representatives, including Friedrich Wieser, Eugen Böhm-Bawerk, Ludwig Mises, Hans Mayer, Friedrich August Hayek, Fritz...
Persistent link: https://www.econbiz.de/10012698010
Caldwell's Beyond Positivism was a key publication that helped to precipitate the consolidation of the methodology of economics into a distinct subfield within economics. Reconsidering it after thirty-five years, it is striking for its anti-naturalism (i.e., its lack of deference to the actual...
Persistent link: https://www.econbiz.de/10011708438
In recent academic and to some extent public debates, mainstream economics has been accused of excessive mathematization. The rejection of mathematical and other formal methods is often cited as a crucial trait of Austrian economics. Based on a systematic discussion of potential benefits and...
Persistent link: https://www.econbiz.de/10012598662