The Hermeneutical Invasion of Philosophy and Economics

  • Murray N. Rothbard
Keywords: Philosophy, Economy, Hermeneutics, Incomprehensibility, Collectivism, Nihilism


The present article criticizes hermeneutic Philosophy for its obscurity and irrationality. After reviewing the evolution of the methodology of Economics from Robbins to Friedman, Rothbard argues that the failure of instrumentalist programme for Economics should not invite the acceptance of its rhetorical approach to Economics. The article ends with the rejection of some hermeneutical ideas usage by some Austrian authors, such as Lavoie and Ebeling.


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How to Cite
Rothbard, M. N. (2014). The Hermeneutical Invasion of Philosophy and Economics. MISES: Interdisciplinary Journal of Philosophy, Law and Economics, 2(1), 29-41.
Epistemology & Ethics