Wednesday, March 04, 2015

Andy Denis on Hayek and MI

“In his work on the evolution of social orders, Hayek thus abandons the individualist methodology he had proposed in his wartime writings, thereby rectifying the inconsistency that that precept implied for the system of his thought." (From Nell, Guinevere Liberty. 2014. Austrian Economic Perspectives on Individualism and Society: Moving beyond Methodological Individualism, p. 18)

1 comment:

  1. Even if methodological individualism was true, I could never see how it negated any policies libertarians used it to against.

    ReplyDelete

Old-fashioned excuse: "The dog ate my homework."

Modern excuse: "Dual-factor authentication ate my ability to do my homework."