The Ongoing Methodenstreit of the Austrian School*

Paths of the Weberian–Austrian Interconnection

This paper centers on the theoretical–methodological interconnections between Weber and the Austrian economists. First, the influence of classical Austrian economics, especially Menger and Böhm-Bawerk, on Weber is reexamined. Then we are concerned with the importance of Weber’s ideas in neoclassical Austrian economics, including Schumpeter, Mises and Hayek. Also, Weber’s legacy in modern econom...

The Austrian School of Economics 1 By :

This paper presents an overview of the Austrian school of economics. Even though it started with Carl Menger and the intellectual circle in 19 century Vienna, its theoretical and philosophical roots go far back to the Scholastics and even the Greeks starting with Socrates (469-399 B.C.), Plato (427-347 B.C.), Aristotle (384-322 B.C.) and later John Locke (1632-1704), Richard Cantillon (1680-173...

PET vs. SPECT: in the context of ongoing developments

This paper intends to compare the abilities of the two major imaging modalities in nuclear medicine imaging: Positron Emission Tomography (PET) and Single Photon Emission Computed Tomography (SPECT). The motivations are many-fold: (i) To gain a better understanding of the strengths and limitations of the two imaging modalities in the context of recent and ongoing developments in hardware ...

Underperformance of Reverse-Transcriptase Polymerase Chain Reaction in Japan and Potential Implications From Diamond Princess Cruise Ship and Other Countries During the Ongoing COVID-19 Pandemic

Transactional Economics: John Dewey's Ways of Knowing and the Radical Subjectivism of the Austrian School

The radical subjectivism of the Austrian school of economics is a special case of Dewey’s ways of knowing. Austrian economists adopted an Aristotelian deductive approach to economic issues such as social behavior and exchange. In Dewey’s contrasting view, the scientist commends new, alternative ways of knowing to the scientific community, offering more profound insight or more efficacious pract...