The main contention of the present paper is that the tradition of the Austrian School is a paradigmatic example of the application of the Aristotelian golden mean to the realm of economic theorizing. Consequently, it argues that the Austrian tradition allows for uniquely clear and perceptive interpretation of the workings of the catallactic order and it is uniquely placed to develop economics as a methodologically and substantively distinct scholarly discipline, which does not have to borrow the tools or subject matter of any other field of inquiry.
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Monday, October 12, 2020
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