Is the Market a Test of Truth and Beauty? Essays in Political Economy

"Although Leland Yeager calls himself a fellow traveler of the Austrian School (p. 100), rather than a full-fledged member of it — he is a fellow traveler of the Chicago School as well — no reader of his essays can fail to note one respect in which he resembles two quintessential Austrian economists, Ludwig von Mises and Murray Rothbard. Like them, Yeager is a scholar of enormous learning, a fact in evidence in each of the 28 essays of his collected here. As an example, few of his colleagues, one suspects, would know that "Thomas Hobbes … suggested that one might test whether a piece of abstract philosophizing means anything by seeing how readily it could be translated from the original language into another" (p. 267, n. 2)."