Does The Sensory Order

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Advances in Austrian Economics

ISSN: 1529-2134
Series editor(s): Roger Koppl; Steven Horwitz

Subject Area: Economics

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Document Information:
Title:	Does The Sensory Order
Author(s):	William N. Butos, Roger G. Koppl
Volume:	9 Editor(s): Elisabeth Krecké, Carine Krecké, Roger G. Koppl ISBN: 978-0-76231-378-5 eISBN: 978-1-84950-465-2
Citation:	William N. Butos, Roger G. Koppl (2006), Does The Sensory Order, in Elisabeth Krecké, Carine Krecké, Roger G. Koppl (ed.) Cognition and Economics (Advances in Austrian Economics, Volume 9), Emerald Group Publishing Limited, pp.19-50
DOI:	10.1016/S1529-2134(06)09002-8 (Permanent URL)
Publisher:	Emerald Group Publishing Limited
Article type:	Chapter Item
Extract:	The next section is yet another summary of The Sensory Order. Logic seemed to demand that we include this section, although we have tried to be brief. Readers who are familiar with the work should probably read the section anyway so that they know what we make of Hayek's book. The subsequent section articulates what we claim are errors of interpretation that have made their way into the economics literature. We try to show why each of the supposed errors is, in fact, a false reading of Hayek. In the following section, we give our reasons why economists should read The Sensory Order and build on it in their own work. Some of these reasons concern methodology; others concern economic theory. A short conclusion recapitulates our main points and gives a brief exhortation to the effect that economists should let The Sensory Order inform their thinking.