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See the interesting discussion of these problems in M. Polyani, The Logic of Liberty (London, 1951), in which the author is led from a study of the methods of scientific research to that of economic competition. See also K.R. Popper, Logik der Forschung, 2d. ed. (Tübingen, 1966), p. 16.
See my essay “The Theory of Complex Phenomena” in The Critical Approach in Science and Philosophy, M. Bunge, ed. (London and New York, 1964). Reprinted in my Studies in Philosophy, Politics, and Economics (Chicago and London, 1967).
J. Schumpeter, Das Wesen und der Hauptinhalt der theoretischen Nationalökonomie (Leipzig, 1908), p. 97.
G. Hardin, Nature and Man’s Fate (New York and London, 1959). Mentor Edition, 1961, p. 54.
See A. Smith, Theorie der ethischen Gefühle, W. Eckstein, trans. (Leipzig,, 1926), vol. 2, pp. 396, 467.
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This is a translation from German of F.A. Hayek’s “Der Wettbewerb als Entdeckungsverfahren,” a 1968 lecture sponsored by the Institut für Weltwirtschaft at the University of Kiel. It was published as No. 56 in the series Kieler Vorträge.
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Snow, M.S. Competition as a discovery procedure. Quart J Austrian Econ 5, 9–23 (2002). https://doi.org/10.1007/s12113-002-1029-0
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DOI: https://doi.org/10.1007/s12113-002-1029-0