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  1. added 2020-06-02
    T Raffaelli, La Ricchezza Delle Nazioni di Adam Smith. Introduzione Alla Lettura. [REVIEW]Sergio Volodia Marcello Cremaschi - 2002 - European Journal of the History of Economic Thought 9 (1):148-149.
  2. added 2020-05-30
    A Science of Concord: The Politics of Commercial Knowledge in Mid-Eighteenth-Century Britain.Jon Cooper - forthcoming - Intellectual History Review.
    This article recovers mid-century proposals for sciences of concord and contextualizes them as part of a broader politics of commercial knowledge in eighteenth-century Britain. It begins by showing how merchants gained authority as formulators of commercial policy during the Commerce Treaty debates of 1713–1714. This authority held fast during the Walpolean oligarchy, but collapsed by the 1740s, when lobbying and patronage were increasingly maligned as corrupt by a ferment of popular republicanism. The article then explores how the Anglican cleric Josiah (...)
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  3. added 2020-04-25
    A Pandolfi, Généalogie Et Dialectique de la Raison Mercantiliste. [REVIEW]Sergio Volodia Marcello Cremaschi - 1999 - European Journal of the History of Economic Thought 6 (4):644-645.
    I argue that the word mercantilism, born in the beginning from a nasty rhetorical move by Adam Smith, still preserves so much evocative power as to be used emblematically as a name for a whole historical period because of its natural use as a label for aggressive and unfair economic policies but, for analytic purposes we should bring to an end cross-purpose talk between historians of ideas and historians of society.
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  4. added 2020-04-25
    S Rashid, The Myth of Adam Smith. [REVIEW]Sergio Volodia Marcello Cremaschi - 1999 - European Journal of the History of Economic Thought 6 (1):314-316.
    My objections are: first, we may ask whether the achievement of The Wealth of Nations has been that of creating a new and more encompassing conceptual framework where already existing theoretical elements could be integrated and whether the growth of knowledge could have originated from a growth in the consistency of a theoretical framework which synthesized already existing individual elements; secondly, we may ask whether Smith's "tendentious" presentation of the positions of both predecessors and opponents might be some kind of (...)
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  5. added 2020-04-24
    R Calderón Cuadrado, Armonía de Interéses y Modernidad. Radicales Del Pensamiento Económico. [REVIEW]Sergio Volodia Marcello Cremaschi - 1999 - European Journal of the History of Economic Thought 6 (4):652-653.
    I suggest that the image of Adam Smith suffers from an emphasis on the role of “utilitarian calculus”, besides on overlooking the role of a “Stoic” point of view from which vanity, selfishness, and even enlightened self-interest are ultimately valueless, and finally a restricted view of prudence.
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  6. added 2020-03-18
    Hayek’s Vicarious Secularization of Providential Theology.Tim Christiaens - 2018 - Philosophy and Social Criticism 45 (1):71-95.
    Friedrich Hayek’s defense of neoliberal free market capitalism hinges on the distinction between economies and catallaxies. The former are orders instituted via planning, whereas the latter are spontaneous competitive orders resulting from human action without human design. I argue that this distinction is based on an incomplete semantic history of “economy.” By looking at the meaning of “oikonomia” in medieval providential theology as explained by Giorgio Agamben and Joseph Vogl, I argue how Hayek’s science of catallactics is itself a secularization (...)
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  7. added 2020-02-11
    Prelude to Political Economy: A Study of the Social and Political Foundations of Economics. [REVIEW]Robert Sugden - 2004 - Mind 113 (452):730-732.
  8. added 2020-02-11
    The Political Economy of the Educational Process.William Lowe Boyd - 1981 - Ethics 92 (1):172-174.
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  9. added 2020-02-11
    Philosophy and Political Economy in Some of Their Historical Relations.James Bonar.W. R. Sorley - 1894 - International Journal of Ethics 4 (2):255-261.
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  10. added 2019-09-21
    Choice-Based Cardinal Utility. A Tribute to Patrick Suppes.Jean Baccelli & Philippe Mongin - 2016 - Journal of Economic Methodology 23 (3):268-288.
    We reexamine some of the classic problems connected with the use of cardinal utility functions in decision theory, and discuss Patrick Suppes's contributions to this field in light of a reinterpretation we propose for these problems. We analytically decompose the doctrine of ordinalism, which only accepts ordinal utility functions, and dis- tinguish between several doctrines of cardinalism, depending on what components of ordinalism they specifically reject. We identify Suppes's doctrine with the major deviation from ordinalism that conceives of utility functions (...)
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  11. added 2019-07-25
    In Pursuit of the Rarest of Birds: An Interview with Gilbert Faccarello.Gilbert Faccarello, Joost Hengstmengel & Thomas R. Wells - 2014 - Erasmus Journal for Philosophy and Economics 7 (1):86-108.
    GILBERT JEAN FACCARELLO (Paris, 1950) is professor of economics at Université Panthéon-Assas, Paris, and a member of the Triangle research centre (École Normale Supérieure de Lyon and CNRS). He is presently chair of the ESHET Council (European Society for the History of Economic Thought). He completed his doctoral research in economics at Université de Paris X Nanterre. He has previously taught at the Université de Paris-Dauphine, Université du Maine and École Normale Supérieure de Fontenay/Saint-Cloud (now École Normale Supérieure de Lyon). (...)
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  12. added 2019-07-25
    Adam Smith on Morality and Self-Interest.Thomas R. Wells - 2013 - In Christoph Luetge (ed.), Handbook of the Philosophical Foundations of Business Ethics. Dordrecht, Netherlands: Springer. pp. 281--296.
    Adam Smith is respected as the father of contemporary economics for his work on systemizing classical economics as an independent field of study in The Wealth of Nations. But he was also a significant moral philosopher of the Scottish Enlightenment, with its characteristic concern for integrating sentiments and rationality. This article considers Adam Smith as a key moral philosopher of commercial society whose critical reflection upon the particular ethical challenges posed by the new pressures and possibilities of commercial society remains (...)
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  13. added 2019-06-30
    On the Historical Roots of Natural Capital in the Writings of Carl Linnaeus.C. Tyler DesRoches - 2018 - In Luca Fiorito, Scott Scheall & Carlos Eduardo Suprinyak (eds.), Research in the History of Economic Thought and Methodology. Emerald Publishing Limited. pp. 103-117.
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  14. added 2019-06-30
    The Institutionalist Reaction to Keynesian Economics.Malcolm Rutherford & C. Tyler DesRoches - 2008 - Journal of the History of Economic Thought 1 (30):29-48.
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  15. added 2019-06-14
    Explanatory Value in Context: The Curious Case of Hotelling’s Location Model.Emrah Aydinonat & Emin Köksal - 2019 - European Journal of the History of Economic Thought 26 (5):1-32.
    There is a striking contrast between the significance of Harold Hotelling’s contribution to industrial economics and the fact that his location model was invalid, unrealistic and non-robust. It is difficult to make sense of the explanatory value of Hotelling’s model based on philosophical accounts that emphasize logical validity, representational adequacy, and robustness as determinants of explanatory value. However, these accounts are misleading because they overlook the context within which the explanatory value added of a model is apprehensible. We present Hotelling’s (...)
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  16. added 2019-06-07
    Equilibrium and Disequilibrium in Economic Theory: A Confrontation of the Classical, Marshallian and Walras-Hicksian Conceptions: Michel De Vroey.Michel De Vroey - 1999 - Economics and Philosophy 15 (2):161-185.
    When the economic theory of the last decades becomes a subject of reflection for historians of economic theory, a striking feature which they will have to explain is the demise of the disequilibrium concept. Previously, economists had no qualms concerning the view that the market or the economy was exhibiting disequilibria. Amongst many possible quotations, the following, drawn from Viner's well-known article on Marshall, illustrates that.
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  17. added 2019-06-06
    Germano Maifreda, From Oikonomia to Political Economy: Constructing Economic Knowledge From the Renaissance to the Scientific Revolution. Farnham: Ashgate, 2012. Pp. Vii+304. ISBN 978-1-4094-3301-9. £70.00. [REVIEW]Jakob Bek-Thomsen - 2014 - British Journal for the History of Science 47 (1):179-181.
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  18. added 2019-06-06
    Competition as an Ambiguous Discovery Procedure: A Reappraisal of F. A. Hayek's Epistemic Market Liberalism: Ulrich Witt.Ulrich Witt - 2013 - Economics and Philosophy 29 (1):121-138.
    Epistemic arguments play a significant role in the foundations of market liberalism as exemplified, in particular, by the work of F. A. Hayek. Competition in free markets is claimed to be the most effective device both to utilize the knowledge dispersed throughout society as well as create new knowledge through innovation competition. The fast pace with which new economic opportunities are discovered and costs are reduced is considered proof of the benefits of free markets to the common good. However, with (...)
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  19. added 2019-06-06
    Theodore Lianos's, Hè Politikè Oikonomia Tou Aristotelè. [REVIEW]D. Z. Andriopoulos - 2013 - Philosophical Inquiry 37 (1-2):138-146.
  20. added 2019-06-06
    Game Theory: A Practitioner's Approach: Thomas C. Schelling.Thomas C. Schelling - 2010 - Economics and Philosophy 26 (1):27-46.
    To a practitioner in the social sciences, game theory primarily helps to identify situations in which interdependent decisions are somehow problematic; solutions often require venturing into the social sciences. Game theory is usually about anticipating each other's choices; it can also cope with influencing other's choices. To a social scientist the great contribution of game theory is probably the payoff matrix, an accounting device comparable to the equals sign in algebra.
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  21. added 2019-06-06
    What is the Relevance of Karl Popper’s Critical Rationalism to Management Studies and Practice?Rod Thomas - 2010 - Philosophy of Management 9 (1):5-38.
    This paper revisits some recent contributions on ‘Why Management Theory Needs Popper’ to the journal Philosophy of Management. It proposes that those discussions provided an appraisal of the relevance of Popper’s falsification schema to management theory, but that they did not thereby bring to the fore all of the issues pertinent to a balanced and well-rounded understanding of Popper’s philosophy of critical rationalism. It is argued that such an understanding requires a discussion of what Popper himself declared to be the (...)
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  22. added 2019-06-06
    Philosophical Egoism: Its Nature and Limitations: Hans Bernhard Schmid.Hans Bernhard Schmid - 2010 - Economics and Philosophy 26 (2):217-240.
    Egoism and altruism are unequal contenders in the explanation of human behaviour. While egoism tends to be viewed as natural and unproblematic, altruism has always been treated with suspicion, and it has often been argued that apparent cases of altruistic behaviour might really just be some special form of egoism. The reason for this is that egoism fits into our usual theoretical views of human behaviour in a way that altruism does not. This is true on the biological level, where (...)
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  23. added 2019-06-06
    Review of The Romantic Economist: Imagination in Economics. [REVIEW]Harro Maas - 2010 - Economics and Philosophy 26 (2):247-254.
  24. added 2019-06-06
    Review of Popper and Economic Methodology. Contemporary Challenges. [REVIEW]Caterina Marchionni - 2009 - Economics and Philosophy 25 (2):223-229.
  25. added 2019-06-06
    Review of The Cambridge Companion to Adam Smith. [REVIEW]Vivienne Brown - 2008 - Economics and Philosophy 24 (2):259-265.
  26. added 2019-06-06
    Review of The Bourgeois Virtues. Ethics for an Age of Commerce. [REVIEW]Irene van Staveren - 2008 - Economics and Philosophy 24 (1):137-144.
  27. added 2019-06-06
    Method and Appraisal in Economics, 1976–20061.Uskali Mäki - 2008 - Journal of Economic Methodology 15 (4):409-423.
    No abstractThe Lakatosian stage in the progress of the philosophy and methodology of economics has served a useful role in helping launch a systematic and collective field of inquiry. In the course of the thirty years between 1976 and 2006, the field has advanced beyond that stage, but much of the spirit of the original ambitions had better be retained. As much as ever, if not more than ever, we need economic methodologies for normatively appraising assumptions, models, theories, explanations, research (...)
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  28. added 2019-06-06
    On the Political Economy of Neo-Liberalism: A Review of The Rise of the Market: Critical Essays on the Political Economy of Neo-Liberalism. [REVIEW]P. A. Lewis - 2006 - Economics and Philosophy 22 (2):289-295.
  29. added 2019-06-06
    Imagining Interest in Political Thought: Origins of Economic Rationality. [REVIEW]Regenia Gagnier - 2005 - Political Theory 33 (6):907-909.
  30. added 2019-06-06
    Property Rights and the Right to the Fruits of One's Labor: A Note on Adam Smith's Jurisprudence 1.Amos Witztum - 2005 - Economics and Philosophy 21 (2):279-289.
    This paper provides further evidence to the argument that Smith' theory of justice did not follow the natural justice school and that subsequently the ethical position on acquiring private property is not independent of the effects which such acquisition may have on the property-less individuals. I will show that the justification for private ownership is based on “reasonable expectations” which owners of assets have with regard to the fruits of the asset. The expectation to subsist through the use of one's (...)
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  31. added 2019-06-06
    Sympathy and Approbation in Hume and Smith: A Solution to the Other Rational Species Problem 1.David M. Levy & Sandra J. Peart - 2004 - Economics and Philosophy 20 (2):331-349.
    David Hume's sympathetic principle applies to physical equals. In his account, we sympathize with those like us. By contrast, Adam Smith's sympathetic principle induces equality. We consider Hume's “other rational species” problem to see whether Smith's wider sympathetic principle would alter Hume's conclusion that “superior” beings will enslave “inferior” beings. We show that Smith introduces the notion of “generosity,” which functions as if it were Hume's justice even when there is no possibility of contract.
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  32. added 2019-06-06
    Rethinking Two Categories of Political Economy: A Contribution to Black Marxism.Kenneth Knies - 2001 - Clr James Journal 8 (2):35-72.
  33. added 2019-06-06
    The Legacy of Scholasticism in Economic Thought: Antecedents of Choice and Power. Odd Langholm.Joel Kaye - 2000 - Speculum 75 (3):705-708.
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  34. added 2019-06-06
    Symposium on the Coase Theorem: Legal Fiction: The Place of the Coase Theorem in Law and Economics: Steven G. Medema.Steven G. Medema - 1999 - Economics and Philosophy 15 (2):209-233.
    Modern law and economics received much of its impetus from Ronald Coase's analysis in ‘The Problem of Social Cost,’ and a goodly amount of that comes from the Coase theorem, which states that, absent transaction costs, externalities will be efficiently resolved through bargaining. The fact that the analysis that came to be codified in the Coase theorem was an exercise in pure fiction on Coase's part did not deter the erection of a substantial edifice of positive and normative analysis on (...)
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  35. added 2019-06-06
    Homo Economicus, ‘Different Voices,’ and the Liberal Psyche.Lisa Hill - 1999 - International Journal of Applied Philosophy 13 (1):21-46.
    This paper extends the sensibilities of the Gilligan-Kohlberg debate into classical political economy and makes links with modern psychotherapeutics and the psychological development of individuals. The model of moral maturity represented in contemporary psychological theories is posited as the direct descendant, not only of Immanuel Kant, as is generally argued, but also of the universal, homogenous agent of classical economics; the ‘rational economic man’ representedin the writings of Adam Smith and J. S. Mill. Both thinkers lent their support to the (...)
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  36. added 2019-06-06
    Friedman, Liberalism and the Meaning of Negative Freedom: Vardaman R. Smith.Vardaman R. Smith - 1998 - Economics and Philosophy 14 (1):75-93.
    In the ‘Introduction’ to Capitalism and Freedom, Friedman's stated intentions are to: establish the role of competitive capitalism as a system of economic freedom and a necessary condition for political freedom; indicate the proper role of government in a free society; and return the term ‘liberal’ ‘… to its original sense – as the doctrines pertaining to a free man’. In fact, Friedman accomplishes none of these things. This essay has three distinct, though related, objectives: first, to compare Friedman's position (...)
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  37. added 2019-06-06
    Parsons on Mises and Kant: A Comment: Pierluigi Barrotta.Pierluigi Barrotta - 1998 - Economics and Philosophy 14 (1):127-130.
  38. added 2019-06-06
    Mises, the A Priori, and the Foundations of Economics: A Qualified Defence: Stephen D. Parsons.Stephen D. Parsons - 1997 - Economics and Philosophy 13 (2):175-196.
    In a recent paper, Pierluigi Barrotta argues that Mises ‘ended up by defending an epistemological tenet very far from Kant's’, concluding that ‘Mises's apriorism cannot be vindicated through Kant's epistemology’. In contrast, I shall argue that certain of Mises's arguments can be reconstructed in Kantian terms, and thus the distance between Mises and Kant is not as extreme as Barrotta's argument may appear to suggest. Specifically, I shall argue that Mises, like Kant, seeks to establish the a priori nature of (...)
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  39. added 2019-06-06
    Citizenship and Social Policy: T. H. Marshall and Poverty*: LAWRENCE M. MEAD.Lawrence M. Mead - 1997 - Social Philosophy and Policy 14 (2):197-230.
    T. H. Marshall, a British sociologist, gave a series of lectures in 1949 under the title “Citizenship and Social Class.” To many American intellectuals, his analysis still offers a persuasive account of the origins of the welfare state in the West. But Marshall spoke in the early postwar era, when the case for expanded social benefits seemed unassailable. Today's politics are more conservative. In every Western country the welfare state is under review. Yet Marshall's conception can still help define the (...)
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  40. added 2019-06-06
    Reply to Bruce Caldwell: Can Subjectivism Be Non-Hermeneutic?: Theodore A. Burczak.Theodore A. Burczak - 1994 - Economics and Philosophy 10 (2):315-317.
  41. added 2019-06-06
    The Dynamics of Medieval Iceland: Political Economy and Literature.E. Paul Durrenberger.Jenny Jochens - 1994 - Speculum 69 (3):769-769.
  42. added 2019-06-06
    High Interest, Low Demand, and Keynes: Rejoinder to Hill and Felix.Roger W. Garrison - 1994 - Critical Review: A Journal of Politics and Society 8 (3):451-460.
    Keynes's theory of interest is central to his broader argument. However, short‐run policy, which takes the so‐called normal rate of interest as given and aims at affecting the prevailing rate, must be distinguished from long‐run reform, which aims at changing the normal rate. The low demand that Keynes associated with high interest was believed to be inherent in a decentralized, consumption‐oriented economy. Consequently, he advocated reform in the direction of central control. Despite his “moral and philosophical” agreement with Hayek's Road (...)
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  43. added 2019-06-06
    The Importance of Being Austrian.Thomas E. Uebel - 1994 - Studies in History and Philosophy of Science Part A 25 (4):631-636.
  44. added 2019-06-06
    The Importance of Being Austrian.Thomas E. Uebel - 1994 - Studies in History and Philosophy of Science Part A 25 (4):631-636.
  45. added 2019-06-06
    A Reappraisal of Friedrich A. Hayek's Cultural Evolutionism: Martin De Vlieghere.Martin de Vlieghere - 1994 - Economics and Philosophy 10 (2):285-304.
    In spite of the important discoveries made by Adam Smith and later by the economists of the Austrian School, Friedrich Hayek remained intellectually challenged by the miracle of the price mechanism. As it turned out there was still some pioneering to do in describing the price mechanism. This became clear when Hayek identified the dispersal of information relevant to exchange transactions as the central issue of economic study. In the context of his distinction between competition as a state of things (...)
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  46. added 2019-06-06
    Keynes After Ramsey: In Defence of a Treatise on Probability.Jochen Runde - 1994 - Studies in History and Philosophy of Science Part A 25 (1):97-121.
    Ramsey's critique of Keynes's ‘logical’ approach to probability is widely regarded as decisive, and his own ‘subjective’ approach and SEU framework are now familiar tools in economics. This paper challenges the standard view of Ramsey's critique and assesses the SEU model from a Keynesian viewpoint on probability. It consists of a summary of the two theories and an evaluation of Ramsey's criticisms and alternative. The two main conclusions are that although Keynes yields to Ramsey on the question of the existence (...)
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  47. added 2019-06-06
    Austrians and Post Keynesians on Economic Reality: Rejoinder to Critics.Paul Davidson - 1993 - Critical Review: A Journal of Politics and Society 7 (2-3):423-444.
    Most economists—old and new classical, old and new Keynesian, and Austrian postulate an immutable reality unchangeable by any human action. They differ only over the amount of information decisionmakers have, in the short run, about this unchanging reality. Keynes and the Post Keynesians provide an axiomatic alternative model that presumes a transmutable economic reality. Runde, Torr, Prychitko, and Boehm and Farmer fail to adequately address this dichotomous analysis of reality in responding to my review of O'Driscoll and Rizzo's book.
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  48. added 2019-06-06
    Formalism in Austrian‐School Welfare Economics: Another Pretense of Knowledge?David L. Prychitko - 1993 - Critical Review: A Journal of Politics and Society 7 (4):567-592.
    Contemporary Austrian‐school economists reject neoclassical welfare theory for being founded on the benchmark of a perfectly competitive general equilibrium, and instead favor a formal theory deemed consistent with the notions of radical subjectivism and disequilibrium analysis. Roy Cordato advances a bold free‐market benchmark by which to formally assess social welfare, economic efficiency, and externalities issues. Like all formalist, a priori theory, however, Cordato's reformulation cannot meet its own standards, being theoretically and empirically flawed, and perhaps ideologically suspect.
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  49. added 2019-06-06
    Keynes's Theory of Probability and Its Relevance to His Economics: Three Theses: Allin Cottrell.Allin Cottrell - 1993 - Economics and Philosophy 9 (1):25-51.
    One calls a lot of things propositions. If one sees this, then one can discard the idea Russell and Frege had that logic is a science of certain objects – propositions, functions, the logical constants – and that logic is like a natural science such as zoology and talks about these objects as zoology talks of animals. Like a natural science, it could supposedly discover certain relations. For example, Keynes claimed to discover a probability relation which was like implication, yet (...)
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  50. added 2019-06-06
    Hayek's Theory of Cultural Evolution: An Evaluation in the Light of Vanberg's Critique: Geoffrey M. Hodgson.Geoffrey M. Hodgson - 1991 - Economics and Philosophy 7 (1):67-82.
    The application of evolutionary ideas to socioeconomic systems has been an increasingly prominent theme in the work of Friedrich Hayek, and the motif has become dominant in his recent book. In an earlier issue of this journal, Viktor Vanberg raises two substantive criticisms of Friedrich Hayek' theory of cultural evolution that invoke some important questions concerning use of the evolutionary analogy in social science.
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