Category Archives: Philosophy of Science
From philosopher Alex Rosenberg and economists Bob Murphy and Mario Rizzo.
From F. A. Hayek’s “Principles or Expediency?”: What helpful insight science can provide for the guidance of policy consists in an understanding of the general nature of the spontaneous order, and not in any knowledge of the particulars of a … Continue reading
Friedrich Hayek opposed the view of Lionel Robbins, Ludwig Mises and most textbooks which identifies “human action” or “human behavior” as the subject matter of economic science. Instead, Hayek shares the view of Carl Menger and Adam Smith which identifies … Continue reading
Here’s a great discussion on the economics of Friedrich Hayek (mp3) placed in the context of the history of economics and philosophy of science. The speaker is Bruce Caldwell, author of Hayek’s Challenge.