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Veblen and Hayek on Instincts and Evolution

Published online by Cambridge University Press:  11 June 2009

Charles G. Leathers
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Extract

In his 1898 article Why is Economics Not An Evolutionary Science ,Thorstein Veblen criticized the Austrian School (as represented by Carl Menger) for being unable to break with the classical tradition that economics is a taxonomic science(Veblen 1898, p. 73). The Austrian failure was attributed to a "faulty conception of human nature (ibid.).

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Articles
Information
Journal of the History of Economic Thought , Volume 12 , Issue 2 , Fall 1990 , pp. 162 - 178
Copyright
Copyright © Cambridge University Press 1990

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