Before the middle 1930s, Hayek followed Mises in adopting an a priori conception of the theory of economic activity, although Hayek said he was never an a priorist philosophically. Following Mises, however, he thought at this time that economic theory is strictly deductive from premises. Economic theory consists of laws derived from the pure logic of choice of economic actors. Economics is not an empirical science, Hayek then thought.


Hayek's Journey: The Mind of Friedrich Hayek (2003) - Ch. 4 : Ludwig von Mises

Alan O. Ebenstein Quotes

Before the middle 1930s, Hayek followed Mises in adopting an a priori conception of the theory of economic activity, although Hayek said he was never ...

Before the middle 1930s, Hayek followed Mises in adopting an a priori conception of the theory of economic activity, although Hayek said he was never ...

Before the middle 1930s, Hayek followed Mises in adopting an a priori conception of the theory of economic activity, although Hayek said he was never ...

Before the middle 1930s, Hayek followed Mises in adopting an a priori conception of the theory of economic activity, although Hayek said he was never ...