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Karl Milford
Karl Milford (born 1950) is an Austrian economist, emeritus professor of economics, and an associated member of the Institute Vienna Circle and the Department of Social and Economic History at the University of Vienna. He is the son of :de:Peter Milford-Hilferding, Peter Milford-Hilferding and grandson of Rudolf Hilferding. He has written extensively on the works Karl Popper and on epistemological views of Carl Menger and other representatives of the Austrian School, Austrian School of economics. He teaches History of economic thought, history of economics, philosophy of science and philosophy of social science at the University of Vienna. Selected works * 1981: ''Normalsatzpositionen als Begründungsversuche der theoretischen Ökonomie'' * 1986: ''Zu den Lösungsversuchen des Induktionsproblems und des Abgrenzungsproblems bei Carl Menger'' * 2006: ''Karl Popper: A Centenary Assessment''; co-editor with Ian Jarvie and David W. Miller, Ashgate ::Volume I: ''Life and Times, and ...
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Austria
Austria, formally the Republic of Austria, is a landlocked country in Central Europe, lying in the Eastern Alps. It is a federation of nine Federal states of Austria, states, of which the capital Vienna is the List of largest cities in Austria, most populous city and state. Austria is bordered by Germany to the northwest, the Czech Republic to the north, Slovakia to the northeast, Hungary to the east, Slovenia and Italy to the south, and Switzerland and Liechtenstein to the west. The country occupies an area of and has Austrians, a population of around 9 million. The area of today's Austria has been inhabited since at least the Paleolithic, Paleolithic period. Around 400 BC, it was inhabited by the Celts and then annexed by the Roman Empire, Romans in the late 1st century BC. Christianization in the region began in the 4th and 5th centuries, during the late Western Roman Empire, Roman period, followed by the arrival of numerous Germanic tribes during the Migration Period. A ...
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University Of Vienna
The University of Vienna (, ) is a public university, public research university in Vienna, Austria. Founded by Rudolf IV, Duke of Austria, Duke Rudolph IV in 1365, it is the oldest university in the German-speaking world and among the largest institutions of higher learning in Europe. The university is associated with 17 List of Nobel laureates, Nobel Prize winners and has been the home to many scholars of historical and academic importance. History Middle Ages to the Enlightenment The university was founded on March 12, 1365, by Rudolf IV, Duke of Austria, hence the name "Alma Mater Rudolphina". After the Charles University in Prague (1347) and Jagiellonian University in Kraków (1364), the University of Vienna is the third oldest university in Central Europe and the oldest university in the contemporary German-speaking world; it remains a question of definition as the Charles University in Prague was German-speaking when founded, too. However, Pope Urban V did not ratify th ...
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Economist
An economist is a professional and practitioner in the social sciences, social science discipline of economics. The individual may also study, develop, and apply theories and concepts from economics and write about economic policy. Within this field there are many sub-fields, ranging from the broad philosophy, philosophical theory, theories to the focused study of minutiae within specific Market (economics), markets, macroeconomics, macroeconomic analysis, microeconomics, microeconomic analysis or financial statement analysis, involving analytical methods and tools such as econometrics, statistics, Computational economics, economics computational models, financial economics, regulatory impact analysis and mathematical economics. Professions Economists work in many fields including academia, government and in the private sector, where they may also "study data and statistics in order to spot trends in economic activity, economic confidence levels, and consumer attitudes. They ...
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Institute Vienna Circle
The Institute Vienna Circle (IVC) ("Society for the Advancement of the Scientific World Conception") was founded in October 1991 as an international nonprofit organization dedicated to the work and influence of the Vienna Circle of Logical Empiricism. Since 2011 the IVC was established as a subunit (Department) of the Faculty of Philosophy and Education at the University of Vienna. In 2016 the title of the co-existing society was changed to "Vienna Circle Society" (VCS), which entertains a close co-operation with the IVC. The Institute’s founder and scientific director of the VCS is Friedrich Stadler, who serves as a permanent fellow of the IVC in parallel. Objectives ''Its goal is the documentation and continued development of the Vienna Circle's work in science and public education, areas that have been neglected until now, as well as the maintenance and application of logical-empirical, critical-rational and linguistic analytical thought and construction of a scientific phi ...
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Rudolf Hilferding
Rudolf Hilferding (; 10 August 1877 – 11 February 1941) was an Austrian-born Marxist economist, Socialism, socialist theorist,International Institute of Social History, ''Rudolf Hilferding Papers'': http://www.iisg.nl/archives/en/files/h/10751012.php politician and the chief theoretician for the Social Democratic Party of Germany (SPD) during the Weimar Republic,William Smaldone, Smaldone, William, ''Rudolf Hilferding and the total state'', 1994: http://www.encyclopedia.com/doc/1G1-15867926.html being almost universally recognized as the SPD's foremost theoretician of the twentieth century. He was also a physician. He was born in Vienna, where he received a doctorate having studied medicine. After becoming a leading journalist for the SPD, he participated in the German Revolution of 1918–19, November Revolution in Germany and was List of German finance ministers, Finance Minister of Germany in 1923 and from 1928 to 1929. In 1933 he fled into exile, living in Zurich and then ...
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Karl Popper
Sir Karl Raimund Popper (28 July 1902 – 17 September 1994) was an Austrian–British philosopher, academic and social commentator. One of the 20th century's most influential philosophers of science, Popper is known for his rejection of the classical inductivist views on the scientific method in favour of Falsifiability, empirical falsification, and for founding the Department of Philosophy at the London School of Economics. According to Popper, a theory in the empirical sciences can never be proven, but it can be falsified, meaning that it can (and should) be scrutinised with decisive experiments. Popper was opposed to the classical Justification (epistemology), justificationist account of knowledge, which he replaced with "the first non-justificational philosophy of criticism in the history of philosophy", namely critical rationalism. In political discourse, he is known for his vigorous defence of liberal democracy and the principles of social criticism that he believed mad ...
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Carl Menger
Carl Menger von Wolfensgrün (; ; 28 February 1840 – 26 February 1921) was an Austrian economist who contributed to the marginal theory of value. Menger is considered the founder of the Austrian school of economics. In building his marginalist approach, Menger rejected many established views of classical economics. He directly disputed the view of the "German school" that economic theory could be derived from history. Departing from the cost-of-production theory of value—the prevailing theory of Adam Smith, David Ricardo, and Karl Marx—Menger's subjective theory of value emphasized role of mutual agreement in deriving prices. Although he had few readers outside Vienna until late in his career, disciples including Eugen von Böhm-Bawerk and Friedrich von Wieser brought his theories into wider readership. Friedrich Hayek wrote that the Austrian school's "fundamental ideas belong fully and wholly to Carl Menger." Menger began his career as a lawyer and business jour ...
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Austrian School
The Austrian school is a Heterodox economics, heterodox Schools of economic thought, school of economic thought that advocates strict adherence to methodological individualism, the concept that social phenomena result primarily from the motivations and actions of individuals along with their self interest. Austrian-school theorists hold that economic theory should be exclusively derived from basic principles of human action.Ludwig von Mises. Human Action, p. 11, "Purposeful Action and Animal Reaction". Referenced 2011-11-23. The Austrian school originated in 1871 in Vienna with the work of Carl Menger, Eugen von Böhm-Bawerk, Friedrich von Wieser, and others. It was methodologically opposed to the Historical school of economics, Historical school, in a dispute known as ''Methodenstreit'', or methodology quarrel. Current-day economists working in this tradition are located in many countries, but their work is still referred to as Austrian economics. Among the theoretical contribu ...
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History Of Economic Thought
The history of economic thought is the study of the philosophies of the different thinkers and theories in the subjects that later became political economy and economics, from the ancient world to the present day. This field encompasses many disparate schools of economic thought. Ancient Greek writers such as the philosopher Aristotle examined ideas about the art of wealth acquisition, and questioned whether property is best left in private or public hands. In the Middle Ages, Thomas Aquinas argued that it was a Morality, moral obligation of businesses to sell goods at a just price. In the Western world, economics was not a separate discipline, but part of Philosophy and economics, philosophy until the 18th–19th century Industrial Revolution and the 19th century Great Divergence, which accelerated economic growth. Ancient economic thought (before 500 AD) Ancient Greece Hesiod active 750 to 650 BC, a Boeotian who wrote the earliest known work concerning the basic origins of ...
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Philosophy Of Science
Philosophy of science is the branch of philosophy concerned with the foundations, methods, and implications of science. Amongst its central questions are the difference between science and non-science, the reliability of scientific theories, and the ultimate purpose and meaning of science as a human endeavour. Philosophy of science focuses on metaphysical, epistemic and semantic aspects of scientific practice, and overlaps with metaphysics, ontology, logic, and epistemology, for example, when it explores the relationship between science and the concept of truth. Philosophy of science is both a theoretical and empirical discipline, relying on philosophical theorising as well as meta-studies of scientific practice. Ethical issues such as bioethics and scientific misconduct are often considered ethics or science studies rather than the philosophy of science. Many of the central problems concerned with the philosophy of science lack contemporary consensus, including whether ...
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Philosophy Of Social Science
Philosophy of social science examines how social science integrates with other related scientific disciplines, which implies a rigorous, systematic endeavor to build and organize knowledge relevant to the interaction between individual people and their wider social involvement. Scientific rationalism tried to dissociate logical transactions from the emotional motivation to so engage, which strategic and tactical objectives work together as heuristic strategies, some of which are explored below. Auguste Comte and positivism Comte first described the epistemological perspective of positivism in ''The Course in Positive Philosophy'', a series of texts published between 1830 and 1842. These texts were followed by the 1848 work, '' A General View of Positivism'' (published in English in 1865). The first three volumes of the ''Course'' dealt chiefly with the natural sciences already in existence ( geoscience, astronomy, physics, chemistry, biology), whereas the latter two emphasi ...
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