Category Archives: Phil of Econ

letter: F.A. Hayek to Joan Robinson, March 1941

A letter from Friedrich Hayek to Joan Robinson, dated March 10, 1941, quoted in Konstantinos Repapis’s paper “Hayek’s business cycle theory during the 1930’s: A critical account of its development: “My present pre-occupation with what may seem altogether different problems … Continue reading

Posted in Biography, Keynes, Phil of Econ, Scientism | 4 Comments

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

Posted in Economics, Phil of Econ, Ransom on Hayek, Seminar on Hayek | Comments Off on seminar: Ransom on Hayek 3