hayek and popper on rationality economism and democracy routledge studies in the history of economics

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Hayek And Popper

Author : Mark Notturno
ISBN : 9781317594215
Genre : Business & Economics
File Size : 37. 53 MB
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Karl Popper and Friedrich von Hayek are remembered as two of the twentieth century’s greatest proponents of open society. However, over the years, Hayek’s ideas have tended to be favoured over Popper’s in both academic and political discussions. This book aims to improve understanding of Popper’s and Hayek’s philosophies by explaining their differences, and whilst doing so, to encourage liberal political philosophers to take a better-informed and more sympathetic look at Popper’s ideas about open society. Popper and Hayek differed in subtle but fundamental ways about rationality, economism, and democracy. They thus differed about whether and to what extent society is well served by deliberate attempts at social engineering and government intervention in the economy. They also differed about whether democracy is better served by institutions designed to elect the best leaders, or by institutions designed to protect us against the leaders we elect. And they differed, perhaps most importantly, about whether we should value freedom as a means to prosperity or an end-in-itself. This book argues that Hayek’s views about rationality, economism, and democracy are fundamentally at odds with Popper’s3⁄4 and perhaps even with open society itself—and that the unintended consequences of Hayek’s views may actually pose a threat to Popper’s vision of a liberal and free open society.

Great Economic Thinkers From Antiquity To The Historical School

Author : Bertram Schefold
ISBN : 9781317703716
Genre : Business & Economics
File Size : 55. 82 MB
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This book contains commentaries from the series "Klassiker der Nationalökonomie" (classics of economics), which have been translated into English for the first time. This selection focuses on neglected, but notable writers in a deserted sub-discipline, localising the beginning of economic science not with Adam Smith, but with the moral question of usury and the good life in Antiquity. Bertram Schefold’s choice of authors for the "Klassiker" series, which he has edited since 1991, and his comments on the various re-edited works are proof of his highly original and thought-provoking interpretation of the history of economic thought (HET). This volume is an important contribution to HET not only because it delivers original and fresh insights about such well-known figures as Aristotle, Jevons or Wicksell, but also because it deals with authors and ideas who have been forgotten or neglected in the previous literature. In this regard Schefold’s book could prove to be seminal for the field of the history of economic thought, for in the age of globalisation our usual restriction to the thinkers of Western Europe and the USA might eventually be overcome. This book will give the reader a far broader view of economics compared to that of the latest research. This volume is suitable for those who are interested in and study history of economic thought as well as economic theory and philosophy.

On The Foundations Of Happiness In Economics

Author : Maurizio Pugno
ISBN : 9781317560838
Genre : Business & Economics
File Size : 87. 89 MB
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Economic growth has extraordinarily increased the availability of market goods to satisfy people’s need for comfort, but at the same time it has also raised great challenges to their working and family life. Will people learn the skill necessary to cope with these challenges and draw full enjoyment from economic growth? On the Foundations of Happiness in Economics explores this question by examining the work of Tibor Scitovsky, author of The Joyless Economy. Given the recent rise of behavioural economics and happiness economics, this book aims to show how far ahead of his time Scitovsky was in his work on individual welfare (or wellbeing). It traces the evolution of Scitovsky’s original thought, arguing that he has been frequently misunderstood, before undertaking formal analysis in order to demonstrate how far his work anticipated or even went beyond the recent advances in economics. This volume also explores Scitovsky’s work in the context of Keynes’ work on wellbeing, offering a new perspective on welfare in the history of economic thought. Other issues discussed in this text regard creativity and social skills, hedonism and eudaimonia, parenting and education, addiction, work/leisure balance, policies for happiness, paternalism, and the quality of economic growth. This book addresses a variety of readers, such as those interested in the history of economics, as well as students and researchers concerned with the economic theory of well-being.

Conjectures And Refutations

Author : Karl Popper
ISBN : 9781135971373
Genre : Philosophy
File Size : 49. 95 MB
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Conjectures and Refutations is one of Karl Popper's most wide-ranging and popular works, notable not only for its acute insight into the way scientific knowledge grows, but also for applying those insights to politics and to history. It provides one of the clearest and most accessible statements of the fundamental idea that guided his work: not only our knowledge, but our aims and our standards, grow through an unending process of trial and error.

The Poverty Of Historicism

Author : Karl Popper
ISBN : 9781135972219
Genre : Philosophy
File Size : 29. 8 MB
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On its publication in 1957, The Poverty of Historicism was hailed by Arthur Koestler as 'probably the only book published this year which will outlive the century.' A devastating criticism of fixed and predictable laws in history, Popper dedicated the book to all those 'who fell victim to the fascist and communist belief in Inexorable Laws of Historical Destiny.' Short and beautifully written, it has inspired generations of readers, intellectuals and policy makers. One of the most important books on the social sciences since the Second World War, it is a searing insight into the ideas of this great thinker.

The Road To Serfdom

Author : Friedrich August Hayek
ISBN : 0415253896
Genre : Business & Economics
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Hayek argues convincingly that, while socialist ideals may be tempting, they cannot be accomplished except by means that few would approve of.

Hayek And After

Author : Jeremy Shearmur
ISBN : 9780415406840
Genre : Business & Economics
File Size : 84. 1 MB
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This book offers a distinctive treatment of Hayek's ideas as a 'research programme'. It presents a detailed account of aspects of Hayek's intellectual development and problems that arise within his work, and offers some broad suggestions of ways in which the programme initiated in his work might be developed further. The book opens with an overview, and then discusses how Popper and Lakatos's ideas about research programmes might be applied within political theory. There then follows a distinctive presentation of Hayek's intellectual development up to The Road to Serfdom, together with critical engagement with his later ideas. The discussion draws on a full range of his writings, makes use of some neglected earlier work on social theory and law, and also draws on archival material. The book also makes some unusual comparisons, including discussions of Gaventa and of E. P. Thompson, and presents controversial suggestions on how a 'Hayekian' approach should be further developed. The book will appeal to anyone with an interest in Hayek's work and to those concerned with twentieth century intellectual history. It offers a distinctive interpretation of his views and a particularly wide-ranging survey of what in the author's view now needs to be done in the pursuit of a Hayekian approach to classical liberalism.

The Trend Of Economic Thinking

Author : F.A. Hayek
ISBN : 9781134966035
Genre : Business & Economics
File Size : 45. 37 MB
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This volume presents much newly published work by Hayek on methodology of economics, its development as a subject, its key thinkers and its important debates. It is published in corrected, revised and annotated form with a long introduction.

Science And The Open Society

Author : Mark Amadeus Notturno
ISBN : UVA:X004421756
Genre : Philosophy
File Size : 74. 79 MB
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A Clearly argued and easy to read defense of Karl Popper's philosophy.

The Open Society And Its Enemies In East Asia

Author : Gregory G. C. Moore
ISBN : 9781317811671
Genre : Business & Economics
File Size : 37. 53 MB
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The ideas contained in Karl Popper’s The Open Society and Its Enemies—one of the most important tracts in political philosophy in the twentieth century—are relevant to anyone seeking to understand the recent history of the East Asian economies. Even though Popper wrote his tract to provide an explanation for both the rise and objectionable nature of totalitarian regimes in Europe in the twentieth century, many of the arguments that he advanced in this European context also explain the social, political and economic relationships that are seen in modern South Eastern Asian economies. The narrative of this book is driven by a research agenda that is inter-disciplinary in nature, since to make the link between the Popperian framework and East Asian socio-economic relationships the contributing authors needed to draw upon research fields as far apart as political philosophy and East-Asian studies. With one or two exceptions, however, nearly all of the contributing authors have a background in economics, and this background is reflected in the way that they have sought to tackle the research question. This book is, in short, an inter-disciplinary exercise undertaken from an economics perspective, and hence it may best be described as an exercise in political economy rather than pure analytical economics. The novelty of juxtaposing Popperian ideas with a discussion of social, political and economic development in South East Asia makes this narrative of interest to both political philosophers and specialists in South East Asian economies. The key insight drawn from the analysis is that although Karl Popper’s The Open Society and Its Enemies was a product of a European time and place, it is also relevant to anyone seeking to understand the recent history of the East Asian economies.

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