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On Rationality, Ideal Types and Economics: Alfred Schuutz and the Austrian School

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  • Kurrild-Klitgaard, Peter

Abstract

A comparison is made of the views on economic theory and method of the Austrian philosopher and sociologist Alfred Schutz (1899-1959) and those of his mentor, the Austrian economist Ludwig von Mises (1881-1973). Schutz basically agreed with the fundamental parts of the Austrian program, but he also had disagreements with Mises on the epistemological character of the core assumptions, on the formulation and status of the rationality principle, and on the use of ideal types in economic analysis. In several of these aspects Schutz had important points of value not only for the use of ideal types in economic modeling, but also within political science and sociology. In the end, however, there is more which unites than separates Schutz and Mises. Copyright 2001 by Kluwer Academic Publishers

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  • Kurrild-Klitgaard, Peter, 2001. "On Rationality, Ideal Types and Economics: Alfred Schuutz and the Austrian School," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 14(2-3), pages 119-143, September.
  • Handle: RePEc:kap:revaec:v:14:y:2001:i:2-3:p:119-43
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    1. repec:kap:revaec:v:30:y:2017:i:3:d:10.1007_s11138-016-0346-z is not listed on IDEAS
    2. Koppl, Roger & Whitman, Douglas Glen, 2004. "Rational-choice hermeneutics," Journal of Economic Behavior & Organization, Elsevier, vol. 55(3), pages 295-317, November.
    3. Senderski, Marcin, 2014. "Ecumenical foundations? On the coexistence of Austrian and neoclassical views on utility," MPRA Paper 67024, University Library of Munich, Germany.
    4. Peter Kurrild-Klitgaard, 2012. "Modeling constitutional choice: reflections on The Calculus of Consent 50 years on," Public Choice, Springer, vol. 152(3), pages 407-413, September.
    5. Koppl Roger, 2002. "What is Alertness?," Journal des Economistes et des Etudes Humaines, De Gruyter, vol. 12(1), pages 1-13, March.
    6. Paul Knepper, 2007. "Situational logic in social science inquiry: From economics to criminology," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 20(1), pages 25-41, March.
    7. Petr Špecián, 2012. "Od Misese k Schutzovi. Otázka apriorismu v ekonomii
      [From Mises to Schutz. A Question of Apriorism in Economics]
      ," Politická ekonomie, University of Economics, Prague, vol. 2012(3), pages 395-410.

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