From the Philosophy of Mind to the Philosophy of the Market

Subrick, J. Robert; Boettke, Peter J.

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From the Philosophy of Mind to the Philosophy of the Market

Journal of Economic Methodology, Vol. 9, No. 1, pp. 53-64, 2002

14 Pages Posted: 18 Jan 2010

See all articles by J. Robert Subrick

J. Robert Subrick

James Madison University- Department of Economics

Peter J. Boettke

George Mason University - Department of Economics; Mercatus Center at George Mason University

Date Written: 2002

Abstract

John Searle has argued against the viability f strong versions of artificial intelligence. His most well-known counter-example is the Chinese Room thought experiment where he stressed that syntax is not semantics. We reason by analogy to highlight previously unnoticed similarities between Searle and F.A. Hayek's critique of socialist planning. We extend their insights to explain the failure of many reforms in Eastern Europe in the 1990s.

JEL Classification: B53, P30, P50, D02

Suggested Citation: Suggested Citation

Subrick, J. Robert and Boettke, Peter J. and Boettke, Peter J., From the Philosophy of Mind to the Philosophy of the Market (2002). Journal of Economic Methodology, Vol. 9, No. 1, pp. 53-64, 2002, Available at SSRN: https://ssrn.com/abstract=1537970