The Philosophy of the Austrian School of Economics

Abstract

As the libertarian philosopher, D. Gordon pointed out in his article, The Philosophical Origins of Austrian Economics, philosophy has been an accompanying presence at every stage in the development of Austrian economics. The purpose of the presentation is to briefly review the philosophical origins and the philosophical foundations of Austrian economics, emphasizing the influence of Aristotelian realism on Austrian economic theory. The main problem addressed in the presentation are: (1) whether Aristotelian realism had a decisive influence on Carl Mengers’ thinking; (2) whether the Misesian perspective on praxeology is reconcilable with Carl Menger’s underlying philosophy.

Presenters

Ionela Baltatescu
PhD Student, Social and Law Sciences, Rey Juan Carlos University

Details

Presentation Type

Virtual Lightning Talk

Theme

Economy and Trade

KEYWORDS

philosophy, economics, Austrian

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