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On a few occasions F.A. Hayek made reference to the famous Gödel theorems in mathematical logic in the context of expounding his cognitive and social theory. The exact meaning of the supposed relationship between Gödel´s theorems, on the one hand, and the essential proposition of Hayek´s...
Persistent link: https://www.econbiz.de/10012975827
This paper suggests that personal trust is best understood is a discursively constructed social relation that arises when interaction between people is governed by the norm of reciprocity (according to which one good turn deserves another and that people should treat others as they themselves...
Persistent link: https://www.econbiz.de/10012977704
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 this paper, we try to promote the building of a Quantitative Austrian Modelling (QAM). QAM must be viewed as a complementary quantitative prolongation of the Austrian methods and as a complementary approach to the already existing quantitative approaches - especially we would like here to...
Persistent link: https://www.econbiz.de/10005094010
Hayek's theory of socio-cultural evolution is a generalization of his theory on spontaneous market order. Hayek explains both the emergence of market and social institutions serving as a social basis for that order within the framework of a unified evolutionary logic. This logic interprets the...
Persistent link: https://www.econbiz.de/10011255326
Were we to resume the most general methodological principle of the Austrian School it would be truth seeking. Without such an orientation the scientific enterprise (and much more than that) becomes meaningless qua scientific endeavor.
Persistent link: https://www.econbiz.de/10008464185
Economic history has become an increasingly broad discipline, after a temporary narrowing following the cliometric revolution of the mid-twentieth century. Increasingly sophisticated econometric techniques are used to capture the institutional detail involved in the dynamics of historical...
Persistent link: https://www.econbiz.de/10015051907
Recent insights from the 'embodied cognition' perspective in cognitive science, supported by neural research, provide a basis for a 'methodological interactionism' that transcends both the methodological individualism of economics and the methodological collectivism of (some) sociology, and is...
Persistent link: https://www.econbiz.de/10014052883
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