Comment on Boettke and Subrick and Faulkner

Steven Horwitz

Journal of Economic Methodology, 2001, vol. 9, issue 1, 81-86

Abstract: The papers by Boettke and Subrick and Faulkner explore productive links between John Searle's philosophy and economics. Further lines of exploration could include bringing in evolutionary insights to explain the sorts of probability biases identified by Faulkner and linking Searle more closely to work by Hayek and Polanyi, as noted by Boettke and Subrick. In particular, Searle's notions of the Background, Intentionality and the Network can enrich Hayek-inspired Austrian microeconomics by providing an epistemological basis for the Austrian emphasis on the role of monetary calculation in the market process.

Keywords: John Searle; F.A. Hayek; Monetary Calculation; Epistemology; Intentionality; Heuristics (search for similar items in EconPapers)
Date: 2001
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DOI: 10.1080/13501780110120127

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