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methodology of economics

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fakename posted on Sun, Mar 29 2009 7:57 PM

Does anyone know what happened with the hermenetical invasion of economics?  I keep hearing references to it by David Gordon and Murray Rothbard but they are obvious opponents so I was looking for a balanced view of this event.

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Their view is balanced. Either way, look up Hoppe's In Defense of Extreme Rationalism and Selgin's Praxeology and Understanding. They mention economists in favour of a hermeneutic approach.

Freedom of markets is positively correlated with the degree of evolution in any society...

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Long is about as balanced as can be on the issue I think. He doesn't come down in favour of the hermeneuticists, but he does a good job of showing in which respects they are right. But I think that Hoppe's paper is still the most scathing critique of their position out there.

Freedom of markets is positively correlated with the degree of evolution in any society...

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Their view is balanced. Either way, look up Hoppe's In Defense of Extreme Rationalism and Selgin's Praxeology and Understanding. They mention economists in favour of a hermeneutic approach.

Freedom of markets is positively correlated with the degree of evolution in any society...

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I believe Long also discusses hermeneutics in a favorable light in Wittgenstein, Austrian Economics, and the Logic of Action.

Market anarchist, Linux geek, aspiring Perl hacker, and student of the neo-Aristotelians, the classical individualist anarchists, and the Austrian school.

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fakename replied on Mon, Mar 30 2009 10:37 AM

hey, thanks.

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Murray Rothbard: The Hermeneutical Invasion of Economics, David Gordon: Hermeneutics vs. Austrian Economics.

Gordon isn't a huge fan as far as I'm aware, he trashes Boettke and company in some of his book reviews.

"You don't need a weatherman to know which way the wind blows"

Bob Dylan

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Long is about as balanced as can be on the issue I think. He doesn't come down in favour of the hermeneuticists, but he does a good job of showing in which respects they are right. But I think that Hoppe's paper is still the most scathing critique of their position out there.

Freedom of markets is positively correlated with the degree of evolution in any society...

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Sage replied on Mon, Mar 30 2009 4:39 PM

Jon Irenicus:
Long is about as balanced as can be on the issue I think. He doesn't come down in favour of the hermeneuticists, but he does a good job of showing in which respects they are right.

Roderick is really good at finding a middle ground between opposing positions.

AnalyticalAnarchism.net - The Positive Political Economy of Anarchism

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Anyone know any good sources from Boettke and company?

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Juan replied on Tue, Mar 31 2009 8:00 PM
I'm sure that convoluted, ivory-tower, post-modern pastimes such as hermeneutics contribute a lot to make libertarianism a more widely accepted philosophy...

February 17 - 1600 - Giordano Bruno is burnt alive by the catholic church.
Aquinas : "much more reason is there for heretics, as soon as they are convicted of heresy, to be not only excommunicated but even put to death."

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Sage replied on Wed, Apr 1 2009 8:13 PM

Here's an article by Boettke.

I guess the best place to go would be Economics and Hermeneutics by Lavoie.

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