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Studies on the Abuse and Decline of Reason

Editor

Listed:
  • Caldwell, Bruce

Author

Listed:
  • Hayek, F. A.

Abstract

Studies on the Abuse and Decline of Reason is a series of fascinating essays on the study of social phenomena. How to best and most accurately study social interactions has long been debated intensely, and there are two main approaches: the positivists, who ignore intent and belief and draw on methods based in the sciences; and the nonpositivists, who argue that opinions and ideas drive action and are central to understanding social behavior. F. A. Hayek’s opposition to the positivists and their claims to scientific rigor and certainty in the study of human behavior is a running theme of this important book. Hayek argues that the vast number of elements whose interactions create social structures and institutions make it unlikely that social science can predict precise outcomes. Instead, he contends, we should strive to simply understand the principles by which phenomena are produced. For Hayek this modesty of aspirations went hand in hand with his concern over widespread enthusiasm for economic planning. As a result, these essays are relevant to ongoing debates within the social sciences and to discussion about the role government can and should play in the economy.

Suggested Citation

  • Hayek, F. A., 2010. "Studies on the Abuse and Decline of Reason," University of Chicago Press Economics Books, University of Chicago Press, number 9780226321097 edited by Caldwell, Bruce, December.
  • Handle: RePEc:ucp:bkecon:9780226321097
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    Citations

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    Cited by:

    1. Bruce Caldwell, 2020. "The Road to Serfdom after 75 Years," Journal of Economic Literature, American Economic Association, vol. 58(3), pages 720-748, September.
    2. Mário Graça Moura, 2017. "Schumpeter and the meanings of rationality," Journal of Evolutionary Economics, Springer, vol. 27(1), pages 115-138, January.
    3. Scott Scheall, 2016. "A brief note concerning Hayek’s non-standard conception of knowledge," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 29(2), pages 205-210, June.
    4. Elizabeth Hemsley, 2020. "Consent, democracy and the future of liberalism," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 33(1), pages 253-270, March.
    5. Mark Nolan, 2013. "Hayek’s 1945 Finlay Memorial Lecture: Tracing the origins and evolution of his ‘true’ individualism," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 26(1), pages 53-71, March.
    6. Bruce Caldwell, 2011. "Hayek on Socialism and on the Welfare State," Challenge, Taylor & Francis Journals, vol. 54(1), pages 82-97.
    7. Mário Graça Moura, 2014. "Schumpeter and the meanings of rationality," FEP Working Papers 551, Universidade do Porto, Faculdade de Economia do Porto.
    8. Vanberg, Viktor J., 2021. "Review of “F.A.Hayek and the Epistemology of Politics – The Curious Task of Economics” by Scott Scheall," OSF Preprints gjv7r, Center for Open Science.
    9. Jing Ma & Lihui Tian, 2012. "Weathering the Financial Storms: The Government of China," Chapters, in: Jehoon Park & T. J. Pempel & Geng Xiao (ed.), Asian Responses to the Global Financial Crisis, chapter 5, Edward Elgar Publishing.
    10. Virgil Henry Storr & Stefanie Haeffele & Jordan K. Lofthouse & Laura E. Grube, 2021. "Essential or not? Knowledge problems and COVID‐19 stay‐at‐home orders," Southern Economic Journal, John Wiley & Sons, vol. 87(4), pages 1229-1249, April.
    11. Paul Lewis, 2017. "The Ostroms and Hayek as Theorists of Complex Adaptive Systems: Commonality and Complementarity," Advances in Austrian Economics, in: The Austrian and Bloomington Schools of Political Economy, volume 22, pages 35-66, Emerald Group Publishing Limited.
    12. Richard M. Ebeling, 2014. "Hayek and Mises," Chapters, in: Roger W. Garrison & Norman Barry (ed.), Elgar Companion to Hayekian Economics, chapter 7, pages 138-164, Edward Elgar Publishing.
    13. Vincent Carret, 2022. "Jacques Rueff, Friedrich Hayek, and the Emergence of Economic Order: the Case of the European Coal and Steel Community," Working Papers halshs-03824688, HAL.
    14. Viktor J. Vanberg, 2023. "Economics as a life-science: The enduring significance of Carl Menger’s individualist-evolutionary research program," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 36(2), pages 145-162, June.
    15. Diogo Lourenço & Mário Graça Moura, 2016. "The Economic Problem of a Community: ontological reflections inspired by the Socialist Calculation Debate," FEP Working Papers 572, Universidade do Porto, Faculdade de Economia do Porto.
    16. Vanberg, Viktor J., 2016. "Social contract vs. invisible hand: Agreeing to solve social dilemmas," Freiburg Discussion Papers on Constitutional Economics 16/04, Walter Eucken Institut e.V..
    17. Viktor J. Vanberg, 2022. "Carl Menger, F.A. Hayek and the evolutionary strand in Austrian economics," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 35(4), pages 481-515, December.
    18. Constantinos Repapis, 2014. "J.M. Keynes, F.A. Hayek and the Common Reader," Economic Thought, World Economics Association, vol. 3(2), pages 1-1, September.
    19. Anna B. Faria & J. Robert Subrick, 2022. "Brazil’s road to serfdom," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 35(2), pages 143-161, June.
    20. Bruce Caldwell & Leonidas Montes, 2015. "Friedrich Hayek and his visits to Chile," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 28(3), pages 261-309, September.
    21. Paul Lewis & Richard E. Wagner, 2017. "New Austrian macro theory: A call for inquiry," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 30(1), pages 1-18, March.
    22. Diogo de Melo Lourenço, 2015. "Hayek’s Scientism Essay and the social aspects of objectivity and the mind," FEP Working Papers 560, Universidade do Porto, Faculdade de Economia do Porto.
    23. Richard Adelstein, 2021. "Economics not engineering," Economia e Politica Industriale: Journal of Industrial and Business Economics, Springer;Associazione Amici di Economia e Politica Industriale, vol. 48(4), pages 573-579, December.

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