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  

J. Robert Subrick

James Madison University

Peter J. Boettke

George Mason University - Department of Economics

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

Subrick, J. Robert 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

J. Robert Subrick

James Madison University ( email )

Harrisonburg, VA 22807
United States
540-568-3096 (Phone)

Peter J. Boettke (Contact Author)

George Mason University - Department of Economics ( email )

4400 University Drive
Fairfax, VA 22030
United States
703-993-1149 (Phone)
703-993-1133 (Fax)

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