Showing 1 - 10 of 126
Friedrich August von Hayek (1899-1992) was among the most significant liberal thinkers of the past century. The evolution of his research agenda has attracted extensive attention, a common "split" being Hayek I (the business cycle theorist) and Hayek II (the social philosopher). The present...
Persistent link: https://www.econbiz.de/10012966872
This paper explores the four decades of intellectual relationship between the Austrian School economist Ludwig von Mises (1881-1973) and two major representatives of German ordoliberalism, Walter Eucken (1891-1950) and Wilhelm Röpke (1899-1966). The timespan covered starts in the early 1920s...
Persistent link: https://www.econbiz.de/10012966897
This paper explores the four decades of intellectual relationship between the Austrian School economist Ludwig von Mises (1881-1973) and two major representatives of German ordoliberalism, Walter Eucken (1891-1950) and Wilhelm Röpke (1899-1966). The timespan covered starts in the early 1920s...
Persistent link: https://www.econbiz.de/10011609921
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/10011613805
Ludwig von Mises was one of the greatest economists and political scientists of the twentieth century. He revolutionized the understanding of money, inflation and recessions; comprehensively refuted the arguments for socialism; and provided a devastating critique of the methodologies of...
Persistent link: https://www.econbiz.de/10014193789
The meaning of Methodological Individualism has been one of the most diversified concepts and is one of the basic methodological principles of the social sciences. It indicates an orderly, repeatable and self-correcting research procedure whose object of study is individuals and their set of...
Persistent link: https://www.econbiz.de/10014114558
In light of the links between complexity and Austrian economics, this paper analyzes Ludwig von Mises’s works in an attempt to recognize in this author the same status as other Austrians such as Carl Menger or F.A. Hayek with respect to complexity economics. Previous literature has excluded...
Persistent link: https://www.econbiz.de/10014077349
This article explores the notions of order and process to which Friedrich Hayek subscribed. It is argued that a satisfactory understanding of Hayek’s conceptions of ‘order’ and ‘process’ — and in particular a clear understanding of those how the two concepts relate to each other in...
Persistent link: https://www.econbiz.de/10014140052
This paper compares and contrasts the hermeneutic turn advocated by Don Lavoie in this 1985 essay on The Interpretive Dimension of Economics with the ontological turn that was gathering momentum amongst other groups of heterodox economists at about the same time. It is argued that an explicit...
Persistent link: https://www.econbiz.de/10014140191
In this introduction sketch the architecture of Mises' economics and political economy. Mises' overarching program is one of examining exchange (economic science) and the institutions within which exchange takes place (political economy). In recent years the economics profession has moved...
Persistent link: https://www.econbiz.de/10013020944