The Austrian School of economics arose in opposition to the German Historical School; and Carl Menger developed his methodological views in combat with the rival group. Gordon discusses the philosophical doctrines of the Historical School, and examines some of the philosophical influences on the founders of the Austrian School.
This monograph was prepared from a transcript of a talk Dr. Gordon gave at the Mises University summer program at Stanford University in 1994. The informal style of an oral presentation has been retained here. The text has been edited, expanded, and lightly documented.
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David Gordon is Senior Fellow at the Mises Institute and editor of the Mises Review.
Historian Richard Hofstadter was a well-known progressive, but his take on Abraham Lincoln certainly differs from the hagiographic approach most US historians take toward him.
Mainstream economics is obsessed with “maximizing” so-called utility functions and discovering the ubiquitous “social utility curve.” In this week’s Friday Philosophy, Dr. David Gordon takes apart this “utility” fixation.
When John Rawls published A Theory of Justice in 1971, he realized there were some loopholes that he tried to cover 22 years later with Political Liberalism. In this week’s Friday Philosophy, Dr. David Gordon exposes the intellectual futility of Rawls' tricks.
