Individuals, Institutions, Interpretations: Hermeneutics Applied to Economics

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David L. Prychitko
Brookfield, Vermont, USA, 1995 - Austrian school of economics - 175 pages
This text seeks to correct the tendency of economics to be unaffected by literature. It explores the relationship between contemporary hermeneutics and economic theory and suggests that economics can and should open itself to a historical interpretive account of human action. The book contains methodological writings that critically explore the relationship between individual choice and institutional intersubjectivity, as well as theoretical applications which reinterpret market processes as creators and disseminators of contextualized, tacit knowledge.

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Contents

why hermeneutics?
1
Methodological individualism and the Austrian School
9
Individuals and institutions
19
Copyright

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