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  1. The Vacuity of Ludwig von Mises’s Apriorism.Scott Scheall - manuscript
    Ludwig von Mises’s methodological apriorism is frequently attributed to the broader Austrian School of economics, of which, of course, Mises was a prominent member. However, there is considerable controversy concerning the meaning of Mises’s various attempts to justify his apriorism. There are prima facie inconsistencies within and across Mises’s methodological writings that engender massive confusion in the secondary literature. This confusion is aggravated by the fact that Mises’s apriorism cannot be straightforwardly interpreted as an artifact of his historical milieu. Indeed, (...)
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  2. The invisible hand in medical education.S. Gilbert - forthcoming - Bioethics Forum.
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  3. Spontaneity as a Concept of General Significance: The Austrian School on Money and Economic Order.Scott Scheall - forthcoming - In Joseph Tinguely (ed.), Palgrave Handbook of Philosophy and Money. London: Palgrave.
    I examine the history of the concept of spontaneity in philosophy and the social sciences, particularly as it relates to monetary phenomena. I then offer an argument for the general significance of spontaneity. The essay concludes that scholars across the humanities and social sciences, whatever their (disciplinary, political, ideological, etc.) persuasion, would be well-served to further develop the theory of spontaneity and its social effects.
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  4. Complexity, Policymaking, and The Austrian Denial of Macroeconomics.Scott Scheall - forthcoming - In Bert Tieben, Victoria Chick & Jesper Jespersen (eds.), Routledge Handbook of Macroeconomic Methodology. Milton Park, Abingdon-on-Thames, Oxfordshire, England, UK: Routledge.
    Economists associated with the Austrian School of Economics are known to deny the value of macroeconomics as descended from the work of John Maynard Keynes and, especially, his followers. Yet, Austrian economists regularly engage in a related scientific activity: theorizing about the causes and consequences of economic fluctuations, i.e., the business cycle. What explains the Austrians’ willingness to engage in theorizing about the business cycle while denying the scientific import of macroeconomics? The present paper argues that the methodological precepts of (...)
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  5. Tactics of Perseus: tackling the invisible other.Kikuko Toyama - forthcoming - Filozofski Vestnik.
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  6. Regulating the Invisible Hand: A Contradiction?Stephen H. Unger - forthcoming - Ends and Means.
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  7. Review of Rob Bryer, Accounting for Value in Marx’s Capital: The Invisible Hand. [REVIEW]Michael Broz - 2020 - Analecta Hermeneutica 12 (1):1-7.
    Marxism has found its home in the academic world in various disciplines: economics, philosophy, sociology, and political science. An under-appreciated area is Marxist accounting. At first, this seems like a rather strange field in which to develop the theories of Marxism, but Rob Bryer, in his book Accounting for Value in Marx’s Capital: The Invisible Hand, has brought attention to Marxist accounting and its necessity for understanding Marxist theory. This is relevant not only to those who study accounting but to (...)
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  8. F. A. Hayek and the Epistemology of Politics: The Curious Task of Economics.Scott Scheall - 2020 - London: Routledge.
    "F. A. Hayek and the Epistemology of Politics is an exploration of an important problem that has largely been ignored: the problem of policymaker ignorance, and the limits of political epistemology. Scott Scheall explores Hayek's attitude to the philosophy of science and political philosophy, arguing that Hayek defended a philosophy of science that implied certain potential dangers of politicized science, and that his political philosophy established the potential dangers of misapplying scientific methods and results to matters of public policy. The (...)
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  9. The Ideological Matrix of Science: Natural Selection and Immunity as Case Studies.Agustin Ostachuk - 2019 - Cosmos and History: The Journal of Natural and Social Philosophy 15 (1):182-213.
    The modern concept of ideology was established by the liberal politician and philosopher Destutt de Tracy, with the objective of creating an all-embracing and general science of ideas, which followed the sensualist and empiricist trend initiated by Locke that culminated in the positivism of Comte. Natural selection and immunity are two key concepts in the history of biology that were strongly based on the Malthusian concept of struggle for existence. This concept wrongly assumed that population grew faster than the means (...)
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  10. On the Method Appropriate to Hayek Studies.Scott Scheall - 2019 - Œconomia ­­– History / Methodology / Philosophy 9 (1):29-35.
    The paper considers the significance of F. A. Hayek’s writings on the study of complex phenomena for the study of the very complex phenom- ena of Hayek’s own life and career. It is argued that the methodological principle which Hayek recommended for the investigation of complex phenomena is applicable to explanations of his own intellectual develop- ment. Indeed, it is argued that the extent to which a Hayek scholar re- spects this principle in their attempts to explain Hayek’s life and (...)
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  11. Research in the History of Economic Thought and Methodology.Luca Fiorito, Scott Scheall & Carlos Eduardo Suprinyak (eds.) - 2018 - Emerald Publishing.
    Research in the History of Economic Thought and Methodology (RHETM) is a journal/book series dedicated to an interdisciplinary approach to a broad range of topics related to the history and methodology of economics. Volumes are divided into four parts: a monothematic section dedicated to research articles focused on a particular issue in the journal’s core fields of interest, a section including research articles of a more general nature, a section of newly-discovered archival materials, and a section of review essays on (...)
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  12. Robots and us: towards an economics of the ‘Good Life’.C. W. M. Naastepad & Jesse M. Mulder - 2018 - Review of Social Economy:1-33.
    (Expected) adverse effects of the ‘ICT Revolution’ on work and opportunities for individuals to use and develop their capacities give a new impetus to the debate on the societal implications of technology and raise questions regarding the ‘responsibility’ of research and innovation (RRI) and the possibility of achieving ‘inclusive and sustainable society’. However, missing in this debate is an examination of a possible conflict between the quest for ‘inclusive and sustainable society’ and conventional economic principles guiding capital allocation (including the (...)
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  13. La « main invisible » et la mondialisation (Keynes et Friedman : deux interprétations différentes).Francisco Vergara - 2018 - Economics and Philosophy 77 (I):101-112.
    Everyone has heard of "the invisible hand," the famous metaphor used by Adam Smith (1723-1790) in The Wealth of Nations. Although he uses the expression only once in the book, it has given rise to controversy that has lasted for over two centuries. -/- The famous expression has been understood, in (at least) two very different ways. In one way by most of academia, and in a very different way by Keynes, Noah Chomsky and more lately by Mark Blaug (in (...)
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  14. The concept of need in Adam Smith.Toru Yamamori - 2017 - Cambridge Journal of Economics 2 (41):327-347.
    There is no room for the concept of need in the prevailing neoclassical school of economics. Not so, however, in classical political economy. Through close analysis in this paper, I wish to trace the concept’s prominence in Adam Smith’s thought and to fine-tune its definitional aspects. The thrust of Smith’s argument is to delineate the mechanism via which the needs of the poorest in society are satisfied. Grounded in an understanding of need as limited and exhaustive rather than infinite, like (...)
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  15. A Brief Note Concerning Hayek’s Non-Standard Conception of Knowledge.Scheall Scott - 2016 - Review of Austrian Economics 29 (2):205-210.
    Whatever F.A. Hayek meant by “knowledge” could not have been the justified true belief conception common in the Western intellectual tradition from at least the time of Plato onward. In this brief note, I aim to uncover and succinctly state Hayek’s unique definition of knowledge.
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  16. Hayek's Epistemic Theory of Industrial Fluctuations.Scott Scheall - 2015 - History of Economic Ideas (1):101-122.
    F.A. Hayek essentially quit economic theory and gave up the phenomena of industrial fluctuations as an explicit object of theoretical investigation following the publication of his last work in technical economics, 1941’s The Pure Theory of Capital. Nonetheless, several of Hayek’s more methodologically-oriented writings bear important implications for economic phenomena, especially those of industrial fluctuations. Decisions (usually, for Hayek, of a political nature) taken on the basis of a “pretence” of knowledge impede the operation of the price system’s belief-coordinating function (...)
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  17. Lesser degrees of explanation: further implications of F. A. Hayek's methodology of sciences of complex phenomena.Scott Scheall - 2015 - Erasmus Journal for Philosophy and Economics 8 (1):42.
    F.A. Hayek argued that the sciences of complex phenomena, including (perhaps especially) economics, are limited to incomplete “explanations of the principle” and “pattern predictions.” According to Hayek, these disciplines suffer from (what I call) a data problem, i.e., the hopelessness of populating theoretical models with data adequate to full explanations and precise predictions. In Hayek’s terms, explanations in these fields are always a matter of “degree.” However, Hayek’s methodology implies a distinct theory problem: theoretical models of complex phenomena may be (...)
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  18. Social Norms, The Invisible Hand, and the Law.Jonny Anomaly & Geoffrey Brennan - 2014 - University of Queensland Law Journal 33 (2).
  19. Mao's Invisible Hand: The Political Foundations of Adaptive Governance in China.Perry Link - 2014 - Common Knowledge 20 (1):138-139.
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  20. On the Emergence of Descriptive Norms.Ryan Muldoon, Chiara Lisciandra, Cristina Bicchieri, Stephan Hartmann & Jan Sprenger - 2014 - Politics, Philosophy and Economics 13 (1):3-22.
    A descriptive norm is a behavioral rule that individuals follow when their empirical expectations of others following the same rule are met. We aim to provide an account of the emergence of descriptive norms by first looking at a simple case, that of the standing ovation. We examine the structure of a standing ovation, and show it can be generalized to describe the emergence of a wide range of descriptive norms.
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  21. Beyond the Invisible Hand: Groundwork for a New Economics. By Kaushik Basu.Wladimir Andreff - 2013 - The European Legacy 18 (1):88-89.
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  22. 12 Invisible, dispersed and connected.Ruth Barcan - 2013 - In Geoffrey Samuel & Jay Johnston (eds.), Religion and the Subtle Body in Asia and the West: Between Mind and Body. Routledge. pp. 8--224.
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  23. The Oxford Handbook of Adam Smith.Christopher J. Berry, Maria Pia Paganelli & Craig Smith (eds.) - 2013 - Oxford: Oxford University Press.
    Preface Introduction Christopher J. Berry: Adam Smith: Outline of Life, Times, and Legacy Part One: Adam Smith: Heritage and Contemporaries 1: Nicholas Phillipson: Adam Smith: A Biographer's Reflections 2: Leonidas Montes: Newtonianism and Adam Smith 3: Dennis C. Rasmussen: Adam Smith and Rousseau: Enlightenment and counter-Enlightenment 4: Christopher J. Berry: Adam Smith and Early Modern Thought Part Two: Adam Smith on Language, Art and Culture 5: Catherine Labio: Adam Smith's Aesthetics 6: James Chandler: Adam Smith as Critic 7: Michael C. (...)
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  24. Bringing Forth That Which is Within: How an Invisible Hand Led me to a Life That “Feels Like My Own”.S. J. Goerner - 2013 - World Futures 69 (4-6):345 - 358.
    (2013). Bringing Forth That Which is Within: How an Invisible Hand Led me to a Life That “Feels Like My Own”. World Futures: Vol. 69, The Complexity of Life and Lives of Complexity, pp. 345-358.
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  25. Shaking an invisible hand.Carlo Jaeger - 2012 - Complexity Economics 1 (1):91-103.
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  26. The Invisible Children.Maureen Kelley - 2012 - Narrative Inquiry in Bioethics 2 (2):4-6.
    In lieu of an abstract, here is a brief excerpt of the content:The Invisible ChildrenMaureen KelleyИсчезаю в весне,в толпе,в лужах,в синеве.И не ищите.Мне так хорошо...I fade into spring,or into a crowd,or into a puddle,sometimes into the blue.There's no sense in looking for me.I feel fine...—¾"Absentee" by Arvo Mets"You have to go through Lesha to get to Danil," Alexandra told me. Lesha was a small but unmoving dog with matted hair and a fierce growl. The dog was pressed against the little (...)
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  27. Risk management and the responsible corporation: How sweeping the invisible hand?John R. Boatright - 2011 - Business and Society Review 116 (1):145-170.
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  28. Erasing the Invisible Hand: Essays on an Elusive and Misused Concept in Economics.Warren J. Samuels - 2011 - Cambridge University Press.
    This book examines the use, principally in economics, of the concept of the invisible hand, centering on Adam Smith. It interprets the concept as ideology, knowledge, and a linguistic phenomenon. It shows how the principal Chicago School interpretation misperceives and distorts what Smith believed on the economic role of government. The essays further show how Smith was silent as to his intended meaning, using the term to set minds at rest; how the claim that the invisible hand is the foundational (...)
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  29. Beyond the Invisible Hand: Groundwork for a New Economics.Kaushik Basu - 2010 - Princeton University Press.
    One of the central tenets of mainstream economics is Adam Smith's proposition that, given certain conditions, self-interested behavior by individuals leads them to the social good, almost as if orchestrated by an invisible hand. This deep insight has, over the past two centuries, been taken out of context, contorted, and used as the cornerstone of free-market orthodoxy. In Beyond the Invisible Hand, Kaushik Basu argues that mainstream economics and its conservative popularizers have misrepresented Smith's insight and hampered our understanding of (...)
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  30. The phenomenology of economics: life-world, formalism, and the invisible hand.Till Düppe - 2010 - Erasmus Journal for Philosophy and Economics 3 (1):132-135.
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  31. The invisible hand in economics: How economists explain unintended social consequences , N. emrah aydinonat, Routledge, 2008, XVI + 258 pages. [REVIEW]Anna Alexandrova - 2009 - Economics and Philosophy 25 (3):371-378.
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  32. N. Emrah Aydinonat's The invisible hand in economics: how economists explain unintended social consequences. London/New York: Routledge, 2008, 272 pp. [REVIEW]Mark Blaug - 2009 - Erasmus Journal for Philosophy and Economics 2 (1):123.
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  33. The invisible hand in economics: how economists explain unintended social consequences.N. Emrah Aydinonat - 2008 - New York: Routledge.
    Introduction -- Unintended consequences -- The origin of money -- Segregation -- The invisible hand -- The origin of money reconsidered -- Models and representation -- Game theory and conventions -- Conclusion.
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  34. The invisible hand: What do we know?Brigitte Falkenburg - 2008 - Poznan Studies in the Philosophy of the Sciences and the Humanities 96 (1):207-224.
    Adam Smith's metaphor of the "invisible hand" and its analogue in classical physics are investigated in detail. Smith's analogue was the mechanics of the solar system. What makes the analogy fail are not the idealisations in the caricature-like model of the rational economic man . The main problem rather is that the metaphor does not employ the correct analogue, which belongs to thermodynamics and statistics. In the simplest macro-economic model, the business cycle has the same formal structure as the heat (...)
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  35. Reviving the Invisible Hand: The Case for Classical Liberalism in the Twenty-First Century.Deepak Lal - 2008 - Princeton University Press.
    Reviving the Invisible Hand is an uncompromising call for a global return to a classical liberal economic order, free of interference from governments and international organizations. Arguing for a revival of the invisible hand of free international trade and global capital, eminent economist Deepak Lal vigorously defends the view that statist attempts to ameliorate the impact of markets threaten global economic progress and stability. And in an unusual move, he not only defends globalization economically, but also answers the cultural and (...)
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  36. Invisible Hand Arguments: Milton Friedman and Adam Smith.Alistair M. Macleod - 2007 - Journal of Scottish Philosophy 5 (2):103-117.
    The version of the invisible hand argument in Adam Smith's Theory of Moral Sentiments differs in important respects from the version in The Wealth of Nations. Both are different, in turn, from the version invoked by Milton Friedman in Free to Choose. However, all three have a common structure. Attention to this structure can help sharpen our sense of their essential thrust by highlighting the questions (about the nature of economic motivation, the structure of markets, and conceptions of the public (...)
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  37. Własność to złudzenie.Tomasz Żuradzki - 2007 - Rzeczpospolita 12 (19).
    Własność prywatna nie jest żadnym naturalnym uprawnieniem, ale prawną konwencją zdefiniowaną przez system podatkowy. Stopień ingerencji w rzekomo naturalne prawo własności nie może być podstawą oceniania systemów podatkowych, bo sama własność jest wytworem takich systemów. Podatki nie odbierają nam własności, tylko umożliwiają jej istnienie.
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  38. The Invisible Hand? Wittgenstein and Judaism. [REVIEW]John Milfull - 2006 - The European Legacy 11 (5):555-556.
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  39. Adam Smith's political philosophy: the invisible hand and spontaneous order.Craig Smith - 2006 - New York: Routledge.
    When Adam Smith published his celebrated writings on economics and moral philosophy he famously referred to the operation of an invisible hand. Adam Smith's Political Philosophy makes visible the invisible hand by examining its significance in Smith's political philosophy and relating it to similar concepts used by other philosophers, revealing a distinctive approach to social theory that stresses the significance of the unintended consequences of human action. This book introduces greater conceptual clarity to the discussion of the invisible hand and (...)
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  40. Invisible People Suffer Most.Guy Harrison - 2005 - Free Inquiry 26:23-23.
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  41. JB Davis, The Theory of the Individual in Economics. Identity and Value. [REVIEW]Sergio Volodia Marcello Cremaschi - 2004 - History of Economic Ideas 12 (3):125-129.
    I argue that Adam Smith does more than providing an account of competitive behavior loosely linked to an underlying psychology since the joint between the complex psychology of The Theory of Moral Sentiments and the invisible hand pages in The Wealth of Nations explains why some of the basest affections, greed and ambition, prevail over other tendencies in certain social groups, namely merchants and manufacturers, in a commercial and urban society.
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  42. From Invisible Hand to Moral Restraint: The Transformation of the Market Mechanism from Adam Smith to Thomas Robert Malthus.Shannon Stimson - 2004 - Journal of Scottish Philosophy 2 (1):22-47.
  43. Explanation and diagnosis in economics.Daniel Hausman - 2001 - Revue Internationale de Philosophie 3:311-326.
  44. Displaying the invisible: Volkskrankheiten on exhibition in imperial germany.C. Brecht & S. Nikolow - 2000 - Studies in History and Philosophy of Science Part C: Studies in History and Philosophy of Biological and Biomedical Sciences 31 (4):511-530.
  45. Invisible hands and the success of science.K. Brad Wray - 2000 - Philosophy of Science 67 (1):163-175.
    David Hull accounts for the success of science in terms of an invisible hand mechanism, arguing that it is difficult to reconcile scientists' self-interestedness or their desire for recognition with traditional philosophical explanations for the success of science. I argue that we have less reason to invoke an invisible hand mechanism to explain the success of science than Hull implies, and that many of the practices and institutions constitutive of science are intentionally designed by scientists with an eye to realizing (...)
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  46. The invisible hand and the cunning of reason.Ullmann-Margalit Edna - 1997 - Social Research: An International Quarterly 58:429-454.
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  47. What’s Wrong with Invisible-Hand Explanations?David L. Hull - 1997 - Philosophy of Science 64 (4):126.
    An invisible hand seems to play an important role in science. In this paper I set out the general structure of invisible-hand explanations, counter some objections that have been raised to them, and detail the role that they play in science. The most important issue is the character of the mechanisms that are supposed to bring about invisible-hand effects.
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  48. SUPPORT and the Invisible Family.John Hardwig - 1995 - Hastings Center Report 25 (6):23-25.
  49. The Invisible Hand and Science.Petri Ylikoski - 1995 - Science Studies 8 (2):32-43.
    In this paper I will discuss the idea of the invisible hand in the connection of its recent use in the philosophy of science. It has been invoked by some philosophers of science with a naturalistic bent as a part of their account of science. Some have made explicit references to the idea (Hull, 1988a) and others have only presupposed it (Giere, 1988; Goldman, 1991; Kitcher, 1993). I will argue that there are some problematic features in the way the idea (...)
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  50. La réunion invisible.Michel Gheude - 1994 - Hermes 13:275.
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