Friday, July 6, 2018

Counter Revolution of Science

Nobel Prize laureate F.A. Hayek
Perhaps the most important book that demolishes the attempt to turn economics into an empirical science mimicking the physical sciences is Counter Revolution of Science by F. A. Hayek.

From the blurb:
Early in the last century the successes of science led a group of French thinkers to apply the principles of science to the study of society. These thinkers purported to have discovered the supposed 'laws' of society and concluded that an elite of social scientists should assume direct control of social life. The Counter-Revolution of Science is Nobel Laureate Friedrich Hayek's forceful attack on this abuse of reason.