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Post Classical Political Economy
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Polity, Society and Economy in Weber, Mises and Hayek (with Peter J. Boettke)
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American Journal of Economics and Sociology, 61, no. 1 (2002), 161-191.
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Abstract
This paper explores the relationship of Max Weber's "social economics" to the work of the Austrian School of Economics, and in particular the writings of Ludwig von Mises and F.A. Hayek. We argue that the Austrian school scholars complement and extend the work of Weber. The sophisticated form of methodological individualism found in Weber, Mises and Hayek overcomes the shortcomings of traditional economic and sociological analysis and could provide the analytical structure for a post-classical political economy.
Presented at SCANCOR Workshop: “Crossing Boundaries: Economics, Sociology and Organization Theory”, San Franscisco, CA, September 2000.
Reprinted in The New Political Economies: A Collection of Essays from Around the World, ed. By Laurence S. Moss (Blackwell Publishing, 2002). Also in Friedrich A. Hayek. 2nd series, ed. By John C. Wood and Robert D. Wood (Routledge, 2004).
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Download "Post Classical Political Economy" (PDF or MS Word)
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virgil storr, ph.d.
Mercatus Center at George Mason University
3301 North Fairfax Drive, Suite 450, Arlington, VA 22201
(703)993-8127; fax: (703) 993-4935
vstorr@gmu.edu
Last Updated: February 2010
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