The Epistemological Implications of Machlup's Interpretation of Mises's Epistemology
Gabriel J. Zanotti
Metropolitan State University of Denver
November 4, 2013
Journal of the History of Economic Thought, Forthcoming
We argue that Machlup's (1955) interpretation of Mises’s epistemology is at least, if not more, plausible than Rothbard's (1957). The implications of Machlup’s interpretation of Mises and Austrian epistemology affect Austrians, non-Austrians and how they relate to each other. Machlup’s interpretation shows that Austrian’s epistemology is well grounded and that most criticisms of Austrian economics based on their aprioristic characteristic are misplaced. Furthermore, Machlup’s interpretation provides a potential road to re-built the academic interaction between Austrians and non-Austrians that was characteristic of the early twentieth century.
Number of Pages in PDF File: 48
Keywords: Austrian economics, non-Austrian economics, Mises, Machlup, Rothbard, a priori, apriorism, Lakatos, KuhnAccepted Paper Series
Date posted: March 7, 2013 ; Last revised: March 31, 2014
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