The member of the Austrian School who has produced the most subtle and detailed critique of the notion that the social sciences should ape the methods of the physical sciences—an idea he calls "scientism"—is F.A. Hayek. The data of the social sciences are of necessity subjective, he writes, for they deal "not with the relations between things, but with the relations between men and things or the relations between man and man."
The 1978 interviews with Friedrich Hayek conducted by Earlene Craver, Axel Leijonhufvud, Leo Rosten, Jack High, James Buchanan, Robert Bork, Thomas Hazlett, Armen Alchian, and Robert Chitester in 1978 are now...
F. A. Hayek (1899–1992) is undoubtedly the most eminent of the modern Austrian economists, and a founding board member of the Mises Institute. Student of Friedrich von Wieser, protégé and colleague of Ludwig...
JournalsJuly 11, 2002Joseph T. SalernoSalerno argues that Hayek was a self-conscious adherent of the Wieserian tradition and remained so even after he received the Nobel Prize in 1974, and that he distinguished between this tradition and the Böhm-Bawerkian tradition followed by Ludwig von Mises.
Institute PublicationsKenneth H. MackintoshInfantino summarizes the elements of any theory of intentional order as psychologism, the rational construction of preferences, and the idea that the results of social action can be conceived as a process of maximization.
BooksMarch 12, 2007Wilhelm RöpkeWith great sincerity and passion Röpke explains how the old liberals of his generation came to reject war as a first principle, and then reject socialism as nothing but the domestication of the warfare state to economics.
BooksDecember 4, 2009Paul A. CantorStephen D. CoxIn a welcome change of critical perspective, Paul Cantor and Stephen Cox give an economic interpretation of literature from a pro-market point of view, not the standard Marxism take.
The words freedom and liberty signified for the most eminent representatives of mankind one of the most precious and desirable goods. Today it is fashionable to sneer at them. They are, trumpets the modern sage, "slippery" notions and "bourgeois" prejudices.
BooksMay 26, 2009Butler ShafferBoundaries of Order provides a completely fresh look at a marvelous intellectual apparatus by a mature intellectual who has been writing on law, economics, and history for four decades.