Austrian Economics and Austrian Philosophy

In Smith W. Grassl and B. (ed.), Austrian Economics and Austrian Philosophy. Helm Croom. pp. 1-36 (1986)
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Abstract

Austrian economics starts out from the thesis that the objects of economic science differ from those of the natural sciences because of the centrality of the economic agent. This allows a certain a priori or essentialistic aspect to economic science of a sort which parallels the a priori dimension of psychology defended by Brentano and his student Edmund Husserl. We outline these parallels, and show how the theory of a priori dependence relations outlined in Husserl’s Logical Investigations can throw light on the Austrian account of entrepreneurship.

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Barry Smith
University at Buffalo

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