Browse by:

Philosophy of markets

The very excellent Lisa Herzog interviewed here. H/T to Eric Schliesser. The cliché is that Smith is a “negative liberty” guy and Hegel a “positive liberty” guy. In fact, both have very nuanced accounts of how different dimensions of freedom are realized in a modern society; the freedom to do what you want with your property…

Why Study Philosophy?

This from The Atlantic. Philosophyphilosophy of economicsPhilosophy of EducationPhilosophy of historyPhilosophy of LanguagePhilosophy of mindphilosophy of religionPhilosophy of sciencephilosophy of social science


The Spatial Market Process

My chum David Emanuel Andersson has just had this edited collection published. Here is an excerpt from his intro: In what is perhaps the best-known article in the history of the Austrian school, Friedrich Hayek (1945) asserts that market prices distill and thus reflect the unique local knowledge of a multitude of individuals, each of whom…


Morals and markets

Sandel plugging his latest. The journalist’s quote below has much resonance to me. Even to a toddler’s mind, the logic of the transaction was evidently clear – if he had to be bribed, then the potty couldn’t be a good idea – and within a week he had grown so suspicious and upset that we…


Cognitive Opening and Closing: Toward an Exploration of the Mental World of Entrepreneurship

Here is Thierry Aimar’s intro to his paper for Hayek in Mind. Contemporary analysis usually divides games of chance into three dimensions. In Machina and Schmeidler’s (1992) terms, this division can be viewed based on the example of an urn containing 90 balls of different colors, out of which an agent pulls a ball, of…


Embodied economics

We know that extended mind discussion is entering unlikley quarters. The same it seems is happening with embodiment. Check out this recent paper “Embodied economics: how bodily information shapes the social coordination dynamics of decision-making” by Olivier Oullier and Frederic Basso. To date, experiments in economics are restricted to situations in which individuals are not influenced by the physical…