Did F. A. Hayek Embrace Popperian Falsificationism? A Critical Comment About Certain Theses of Popper, Duhem and Austrian Methodology

Ludwig Van Den Hauwe

MPRA Paper from University Library of Munich, Germany

Abstract: Hayek´s methodological outlook at the time he engaged in business cycle research was actually closer to praxeological apriorism than to Popperian falsificationism. A consideration of the Duhem thesis highlights the fact that even from a mainstream methodological perspective falsificationism is more problematic than is often realized. Even if the praxeological and mainstream lines of argumentation reject the Popperian emphasis on falsification for different reasons and from a different background, the prospects for falsificationism in economic methodology seem rather bleak.

Keywords: General methodology; falsificationism; Popper; Hayek; Duhem; Duhemian Argument; Testing of Theories; Meaning and Interpretation of Econometric Results; Correlation and Causality (search for similar items in EconPapers)
JEL-codes: B4 C1 E0 (search for similar items in EconPapers)
Date: 2007
New Economics Papers: this item is included in nep-hpe and nep-mac
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Published in Procesos de Mercado - Revista Europea de Economía Política Primavera.IV Núm(2007): pp. 57-78

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