Economics is often used in literary studies, but rarely free market economics. Austrian economics, with its emphasis on subjective value (Menger), human action (Mises), spontaneous order and knowledge (Hayek), and entrepreneurship (Kirzner), seems a particularly fruitful source of ideas for literary studies.
Tuesday, April 2, 2013
Foucault, Hayek, Goethe
While doing research on the influence of literature on scientists' creativity, I ran across Nicholas Vazsonyi's Searching for "The Order of Things": Does Goethe's Faust II Suffer from the "Fatal Conceit"? in Monatshefte, Vol. 88, No. 1, 1996. Yes, that is Foucault, Hayek, and Goethe. And the piece comes full circle, beginning and ending with a discussion of chaos theory. How many hidden gems of Austrian Economics and Literature -- early work in the field -- are out there?
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