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Matthew Schiros
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Thanks so much for posting this, Chris. The Rothbard (and before I read this, Mises) absolute rejection of empiricism is one of the things I've been struggling to resolve for myself for a long time. One one hand, I find purposeful human action to be a perfectly valid axiomatic beginning, and the Austrian arguments derived from that to be internally consistent. On the other hand, an outright rejection of all empirical evidence rubs me raw, and seems to be a concession by Austrians to an entire side of the debate that they could win if they found a way to either a.) incorporate empirical results into the theory, or b.) at least attempt to explain them. I'm not quite to the point where I've internally resolved the question, but this definitely is a start on the right path. Next up, Machlup.
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Apr 29, 2013