Sunday, January 24, 2010

Inquiring Minds

"Scientific criticism has no nobler task than to shatter false beliefs."
--Ludwig von Mises

Have started in once more on Mises's (1951) analysis of socialism. I now have three projects along these lines pushed away from shore. The others include Hayek (1944) and Schumpeter (1942).

Mises's approach is to study socialism using a scientific, logical approach which, as he notes early on, is something that Marx and other developers despised.

When a particular mindset seek to barracade itself from scientific thought and critical thinking, you're likely looking at something with a low degree of validity.

References

Hayek, F. 1944. The road to serfdom. Chicago: The University of Chicago.

Mises, L. 1951. Socialism: An economic and sociological analysis. New Haven: Yale University Press.

Schumpeter, J.A. 1942. Capitalism, socialism, and democracy. New York: Harper & Brothers.

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