Tuesday, December 30, 2014

Hayek abandoned methodological individualism

"In his work on the evolution of social orders, Hayek thus abandons the individualist methodology he proposed in the wartime writings, thereby rectifying the inconsistency that that precept implied for the system of his thought." -- Andy Dennis, "Methodological Individualism and Society: Hayek's Evolving View," in Austrian Economic Perspectives on Individualism and Society, p. 18

That is correct.

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