Category Archives: Seminar on Hayek

seminar: Ransom on Hayek 3

In my first two Hayek Seminar postings I highlighted the fact that for Hayek the empirical character of economics science begins with empirical problems in our experience. We witness a constantly repeated pattern in which prices “tend” toward costs. Alternatively, … Continue reading

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seminar: Ransom on Hayek 2

What I’m probing right now is Hayek on the spurs to inquiry in economics. One insight I’d like to suggest is the fact that over time the human race loses track of the problems which originally provoked inquiry — and … Continue reading

Posted in Economics, Seminar on Hayek | 1 Comment

seminar: Ransom on Hayek 1

I’m going to start using this space to teach some Hayek — and perhaps generate a conversation. Please feel welcome to add your own thoughts in the comments section below. Today’s seminar topic is the empirical nature of economics science. … Continue reading

Posted in Economics, Seminar on Hayek | 4 Comments