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Anti-Psychologism in Economics: Wittgenstein and Mises

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  • Roderick T. Long

Abstract

Ludwig Wittgenstein's arguments for the conclusion that whatever counts as thought must embody logical principles can likewise be deployed to show that whatever counts as action must embody economic principles, a conclusion which in turn provides the basis for a defense of Ludwig von Mises' controversial claim that the laws of economics are a priori rather than empirical. The Wittgensteinian approach also points the way toward a transcendence of the intractable disputes among present-day Austrians over formalist versus hermeneutical, analytic versus synthetic, and impositionist versus reflectionist interpretations of economic method.

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  • Roderick T. Long, 2004. "Anti-Psychologism in Economics: Wittgenstein and Mises," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 17(4), pages 345-369, December.
    • Handle: RePEc:kap:revaec:v:17:y:2004:i:4:p:345-369
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    Cited by:

    1. Gregor Zwirn, 2009. "Ludwig von Mises on the epistemological foundation for social sciences reconstructed," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 22(1), pages 81-107, March.
    2. Gindler, Allen, 2023. "Laws of Economics under Socialism," SocArXiv mujg5, Center for Open Science.

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