Intersubjectivity, Subjectivism, Social Sciences, and the Austrian School of Economics

Journal of Markets and Morality, Vol. 10, No. 1, pp. 115-41, Spring 2007

Posted: 12 Feb 2008

Abstract

This article is an attempt to demonstrate that the subjectivism of the Austrian School of Economics could be based on Husserl's intersubjectivity theory. At the same time, this could be a realistic view of the "hermeneutic turn" already done by some of the younger members of the Austrian School. The theoretical foundations of this realistic phenomenology are based on Aquinas' thought on human action, Husserl's intersubjectivity, Schutz's analysis of the lifeworld (lebenswelt), and Gadamer's horizons theory. This research program has consequences for Mises's praxeology, Hayek's spontaneous order, and Kirzner's middle ground in economics. Finally, certain consequences for contemporary epistemology of economics are briefly taken into account.

Keywords: epistemology,intersubjectivity

JEL Classification: b250,b530

Suggested Citation

Zanotti, Gabriel J., Intersubjectivity, Subjectivism, Social Sciences, and the Austrian School of Economics. Journal of Markets and Morality, Vol. 10, No. 1, pp. 115-41, Spring 2007, Available at SSRN: https://ssrn.com/abstract=1092218

Journal of Markets & Morality (Contact Author)

Acton Institute for the Study of Religion and Liberty ( email )

Grand Rapids, MI 49503
United States

Gabriel J. Zanotti

Universidad Austral ( email )

Juan de Garay 125
Buenos Aires, 1065
Argentina

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