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'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
We study a case that applies hermeneutics to social sciences, in particular to the Austrian school of economics. We argue that an inaccurate treatment of hermeneutics contributed to an epistemological downgrade of the Austrian school in the economic scientific community. We discuss how this...
Persistent link: https://www.econbiz.de/10012834633
The aim of this article is to clarify why the Austrian approach to economic analysis provides a good anthropological fit with Christian theology in seeking to develop an integrative science. In doing so, the article affirms and supports the three-volume work of the Acton Institute, which aims to...
Persistent link: https://www.econbiz.de/10012779855
works in political and legal theory, we conclude by discussing the contemporary implications of Hayek's political economy …
Persistent link: https://www.econbiz.de/10012755265
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 theory of mind, on the other, remains subject to interpretation, however … character of an analogy, or a metaphor. Furthermore the anti-mechanistic interpretation of Hayek´s theory of mind is revealed as …
Persistent link: https://www.econbiz.de/10012975827
learning will revive the dream of a practicable control theory in economics that died in the 1970s along with the hope of …
Persistent link: https://www.econbiz.de/10012958605
. Given the failure of neoclassical theory to explain the Great Depression, Keynes proposed an explanation of involuntary …. Lacking microfoundations consistent with Walrasian theory, the neoclassical synthesis collapsed. But Walrasian GE theory …
Persistent link: https://www.econbiz.de/10013313855
The paper argues for three points. The first purpose of the paper is to show that Carl Menger would have rejected Ludwig von Mises’ methodological apriorism. Second, I argue that Carl Menger was a pluralist about the methods of theoretical economics and that Mises was rather less of a...
Persistent link: https://www.econbiz.de/10014264585
Progressive Era with the goal of identifying how this literature is informed by Austrian economic theory, and how Austrian theory … because Austrian theory overlaps with public choice theory, the analytical toolkit used by most studies of the rise of … regulation. However, the normative implications of Austrian theory regarding the efficiency consequences of regulation are not …
Persistent link: https://www.econbiz.de/10015051914
Harding administration's fiscal policy. They also engage a caricatured version of Keynesian theory and policy, which ignores …
Persistent link: https://www.econbiz.de/10013144724