Mises Wire

Objectivism and the Austrians

Objectivism and the Austrians

There does seem to be a growing literature that argues for the compatibility of Misesianism and Randianism, with Heidi C. Morris’s new piece as the latest entry: “The Logical Compatibility of Austrian Economics and Objectivist Ethics”: Part 1 and Part 2.

It not only a matter of urging a greater degree of mutual understanding but an argument concerning theoretical linkages. Too much has been made of apparent differences—Apriorism vs. empiricism, subjectivism vs. objectivism, value neutrality vs. prescriptive morality. This literature says that these difference reduce in importance once terms and concepts are more carefully defined. Ed Younkins, George Reisman, Roderick Long, and Chris Sciabarra have been a leaders in this area, but for a sampling of the range of thought here, see the Spring 2005 issue of the Journal of Ayn Rand Studies.

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