In recent years, the Austrian School has been an influential contributor to the social sciences. Yet most of the attempts to understand this vital school of thought have remained locked into a polemical frame. The Philosophy of the Austrian School challenges this approach through a philosophically grounded account of the School's methodological, political, and economic ideas. Raimondo Cubeddu acknowledges important differences between the key figures in the School--Menger, Mises and Hayek-- but also finds important parallels between these thinkers. The theory (...) of subjective value and the theory of spontaneous order, which both rest on ideas about the limitations of human knowledge, are the most important of these parallels. Drawn together, these theories represent one of the most original avenues of research in the social sciences and a major reformulation of liberal ideology. (shrink)

L’analyse économique des Autrichiens se fonde aujourd’hui comme hier sur la notion de subjectivisme, dans les deux voies économique et méthodologique héritées de Carl Menger. Aujourd’hui le débat s’est déplacé vers l’analyse des rapports entre éthique et catallaxie, sujet d’autant plus important pour juger des aspects normatifs de la position Autrichienne que les différents représentants de l’école n’y ont pas des positions homogènes. L’auteur se concentre sur les développements de Carl Menger et Friedrich Hayek. Il se fonde sur l’existence de (...) résultats involontaires connexes des actions individuelles volontaires, qui interdisent de statuer sur la justification éthique des institutions à partir du caractère éthique des motivations initiales des agents. In fine l’éthique n’est pas pertinente pour traiter du problème. Marché et éthique interagissent de facon indissoluble et ne se trouvent plus dans une opposition factice, dès lors qu’avec les Autrichiens on délaisse la vision strictement instrumentaliste du marché.The analysis developed by the Austrian school is rooted in subjectivism as expressed by Carl Menger at the twin levels of economics and methodology. Nowadays the debate shifted towards the relationship between ethics and catallactics, a strategic issue conceiving of the normative aspects of classical liberalism where the Austrian themselves do not defend an homogeneous position. The author refers only to Carl Menger and Friedrich Hayek in the paper. He explains that the very existence of unintended consequences of voluntary actions does forbid any ethical analysis of the institutions on the basis of ethical considerations of individual motivations. In fine, ethics is irrelevant to address the question. Market and ethics cannot remain in a kind of opposition, and their relationship can be understood on the basis of their interaction instead, as soon as the instrumentalist vision of the market has been left away. (shrink)

The paper suggests that Bastiat’s theory of interests, harmony, and the State is rooted in a particular conception of Natural Right, in which the Lockeans and thomistic streams of thought meet. But it also suggests that Bastiat’s interpretation of the role that Providence plays in human events is not able to give a sustainable theory of liberal order. The paper also considers the criticisms to Bastiat’s economic and political theory coming from exponents of classical liberalism, from the Austrians, and from (...) Catholic thinkers of that time, such as L. Taparelli d’Azeglio and M. Liberatore.The conclusion is that although the economic theory of Bastiat is by now obsolete from the conceptual point of view, his political theory and his criticism of the state do remain extraordinarily topical.Cet article suggère que les théories des intérêts, de l’harmonie et de l’Etat de Bastiat sont ancrées dans une conception particulière du droit naturel au confluent des pensées lockéenne et thomiste. Cependant, il suggère aussi que l’interprétation que donne Bastiat du rôle de la Providence dans les affaires humaines ne débouche pas sur une théorie recevable de l’ordre libéral. L’article examine aussi les critiques qu’adressent les partisans du libéralisme classique-tels que les économistes autrichiens, les penseurs catholiques de l’époque comme L. Taparelli d’Azeglio et M. Liberatore-à l’égard des théories économiques et politiques de Bastiat. L’article conclut que le caractère obsolète des théories de Bastiat d’un point de vue conceptuel ne remet pas en cause la singulière actualité de sa théorie politique et de sa critique de l’Etat. (shrink)