The Epistemology of the Austrian School

aussieancap's avatarThe Australian Anarcho-Capitalist

Epistemology is one of the core branches of metaphysics, it deals with the origins of knowledge, and how we come to acquire it. Thousands, if not millions, of pages of academic works by philosophers dating back to Aristotle have sought to understand how human beings come to acquire knowledge, and the proper method of inquiry into a given discipline.

Yet, in spite of its clearly central relevance to all academic pursuits, seeking to understand and develop a deep understanding of epistemology is a task eschewed by the majority of the field of economics.

Driven by “physics envy” – the pursuit to “sciencify” that which is not scientific – economists seek to understand their discipline through the lens of pure empiricism. However, this is not out of any conscious adherence to the philosophical works of David Hume.

Rather, it rests on the dogmatic assumption that because one can in principle devise…

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NRx Anarcho Monarchist Hobbyist Blogger.

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