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Complexity, Governance and Constitutional Craftsmanship

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  • Peter J. Boettke
  • Virgil Henry Storr

Abstract

This paper explores the relationship of Max Weber's “social economics” to the work of the Austrian School of Economics, and in particular the writings of Ludwig von Mises and F. A. Hayek. We argue that the Austrian school scholars complement and extend the work of Weber. The sophisticated form of methodological individualism found in Weber, Mises and Hayek overcomes the shortcomings of traditional economic and sociological analysis and could provide the analytical structure for a post‐classical political economy.

Suggested Citation

  • Peter J. Boettke & Virgil Henry Storr, 2002. "Complexity, Governance and Constitutional Craftsmanship," American Journal of Economics and Sociology, Wiley Blackwell, vol. 61(1), pages 161-191, January.
    • Handle: RePEc:bla:ajecsc:v:61:y:2002:i:1:p:161-191
    DOI: 10.1111/1536-7150.00155
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