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Hayek and Behavioral Economics

My chapter Mindscapes and Landscapes: Hayek and Simon on Cognitive Extension is published in this collection today. The full line-up as follows: Foreword; V.Smith Introduction; R.Frantz & R.Leeson Friedrich Hayek’s Behavioural Economics in Historical Context; R.Frantz A Hayekian/Kirznerian Economic History of the Modern World; D.McCloskey Was Hayek an Austrian Economist? Yes and No. Was Hayek a…

Hayek, Connectionism, and Scientific Naturalism

Here’s is an extract from Joshua Rust’s prize-winning essay from this volume. The above criticisms look at The Sensory Order through the lens of nearly 60 years of work in the philosophy of mind. And it must be emphasized that Hayek’s text appears remarkably neoteric, anticipating both questions and answers in the field that would…

Experts and Epistemic Monopolies

Having just received copies of the book in which our paper appears, here is another excuse to plug both our paper and the rest of the book’s contents. Here is an extract from Roger Koppl’s introduction: This volume contains papers given at the third biennial Wirth Institute for Austrian and Central European Studies Conference on…

Hayek in China

This from The Economist and again here: In the past year, the spirits of Keynes and Hayek have done battle for the minds of China’s policymakers. This month Andrew Batson of GK Dragonomics, a research consultancy in Beijing, argued that Hayek seems to be winning. Austrian Schooldistributed cognitiondistributed knowledgeEmbodied cognitionFriedrich Hayekphilosophical psychologysocial epistemologySpontaneous order

Hayek and Behavioral Economics: Mindscapes and Landscapes: Hayek and Simon on Cognitive Extension

I see that the publisher now has a fully detailed page up for a volume that I’ve been privileged to be a part of. The Foreword is by a very nice chappie going by the name of V.Smith and includes luminaries such as McCloskey, Boettke, Gintis, Steel and others. My abstract: Mindscapes and Landscapes: Hayek and Simon on Cognitive Extension Hayek’s…

Stigmergy 3.0: From Ants to Economies

Marge and my intro now available as an uncorrected proof. Stay tuned for the rest of the papers comprising this special issue. According to Andy Clark “[M]uch of what goes on in the complex world of humans, may thus, somewhat surprisingly, be understood in terms of so-called stigmergic algorithms” (Clark, 1996, p. 279; 1997, p. 186).…

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…