Research output: Contribution to Journal/Magazine › Journal article › peer-review
Research output: Contribution to Journal/Magazine › Journal article › peer-review
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TY - JOUR
T1 - Ecological economics and the politics of knowledge : the debate between Hayek and Neurath.
AU - O'Neill, John
PY - 2004/5
Y1 - 2004/5
N2 - Hayek's epistemic arguments against planning were aimed not just against socialism but also the tradition of ecological economics. The concern with the physical preconditions of economic activity and defence of non-monetary measures in economic choice were expressions of the same rationalist illusion about the scope of human knowledge that underpinned the socialist project. Neurath's commitment to physicalism, in natura calculation and planning typified these errors. Neurath responded to these criticisms in unpublished notes and correspondence with Hayek. These highlighted the epistemological premises his work shared with Hayek's, representing a response to Hayek from Hayek's own assumptions. This paper examines the cogency and continuing relevance of the arguments in this debate.
AB - Hayek's epistemic arguments against planning were aimed not just against socialism but also the tradition of ecological economics. The concern with the physical preconditions of economic activity and defence of non-monetary measures in economic choice were expressions of the same rationalist illusion about the scope of human knowledge that underpinned the socialist project. Neurath's commitment to physicalism, in natura calculation and planning typified these errors. Neurath responded to these criticisms in unpublished notes and correspondence with Hayek. These highlighted the epistemological premises his work shared with Hayek's, representing a response to Hayek from Hayek's own assumptions. This paper examines the cogency and continuing relevance of the arguments in this debate.
KW - Hayek • Neurath • Ecological economics • Socialist calculation
U2 - 10.1093/cje/28.3.431
DO - 10.1093/cje/28.3.431
M3 - Journal article
VL - 28
SP - 431
EP - 447
JO - Cambridge Journal of Economics
JF - Cambridge Journal of Economics
SN - 1464-3545
IS - 3
ER -