On the hermeneutics debate: An introduction to a symposium on Don Lavoie's “The Interpretive Dimension of Economics—Science, Hermeneutics, and Praxeology”

On the hermeneutics debate: An introduction to a symposium on Don Lavoie's “The Interpretive... Rev Austrian Econ (2011) 24:85–89 DOI 10.1007/s11138-010-0139-8 On the hermeneutics debate: An introduction to a symposium on Don Lavoie's “The Interpretive Dimension of Economics—Science, Hermeneutics, and Praxeology” Virgil Henry Storr Published online: 30 December 2010 Springer Science+Business Media, LLC 2010 Donald Lavoie is best known outside of Austrian economics for his work on the “socialist calculation debate.” In his Rivalry and Central Planning (1985), published by Cambridge University Press, he argued that the traditional account of the debate over the possibility of rational economic calculation under socialism was incorrect. While it was widely argued that the Austrians lost that debate to the market socialists, Lavoie established that Lange and Lerner never really addressed Mises and Hayek's chief concerns. Rather than losing the debate, as Lavoie demonstrated, the Austrians actually won it. After Lavoie, it became impossible to maintain the standard account. Ironically, Lavoie is probably best known within Austrian economics for his role in starting, advancing, and, then, supposedly losing another debate that embroiled the Austrian school. The “hermeneutics debate” began in 1985 when George Mason University's Center for the Study of Market Processes released Don Lavoie's working paper “The Interpretive Dimension of Economics—Science, Hermeneutics, and Praxeology.” Lavoie argued http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png The Review of Austrian Economics Springer Journals

On the hermeneutics debate: An introduction to a symposium on Don Lavoie's “The Interpretive Dimension of Economics—Science, Hermeneutics, and Praxeology”

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Publisher
Springer US
Copyright
Copyright © 2010 by Springer Science+Business Media, LLC
Subject
Economics; Public Finance; Political Science; History of Economic Thought/Methodology
ISSN
0889-3047
eISSN
1573-7128
D.O.I.
10.1007/s11138-010-0139-8
Publisher site
See Article on Publisher Site

Abstract

Rev Austrian Econ (2011) 24:85–89 DOI 10.1007/s11138-010-0139-8 On the hermeneutics debate: An introduction to a symposium on Don Lavoie's “The Interpretive Dimension of Economics—Science, Hermeneutics, and Praxeology” Virgil Henry Storr Published online: 30 December 2010 Springer Science+Business Media, LLC 2010 Donald Lavoie is best known outside of Austrian economics for his work on the “socialist calculation debate.” In his Rivalry and Central Planning (1985), published by Cambridge University Press, he argued that the traditional account of the debate over the possibility of rational economic calculation under socialism was incorrect. While it was widely argued that the Austrians lost that debate to the market socialists, Lavoie established that Lange and Lerner never really addressed Mises and Hayek's chief concerns. Rather than losing the debate, as Lavoie demonstrated, the Austrians actually won it. After Lavoie, it became impossible to maintain the standard account. Ironically, Lavoie is probably best known within Austrian economics for his role in starting, advancing, and, then, supposedly losing another debate that embroiled the Austrian school. The “hermeneutics debate” began in 1985 when George Mason University's Center for the Study of Market Processes released Don Lavoie's working paper “The Interpretive Dimension of Economics—Science, Hermeneutics, and Praxeology.” Lavoie argued

Journal

The Review of Austrian EconomicsSpringer Journals

Published: Dec 30, 2010

References

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