It certainly marks a vital turning point, or even U-turn, in Hayek's methodological ideas, and ought to be, but has not been recognized as marking a fundamental shift . . . The main insights of this article are quite incompatible . . . with the methodological ideas in his previous writings.The new dispensation in Hayek had mainly to do with a shift from praxeological (e.g., Misesian) methodology to that based on logical positivism (e.g., Popper), and from an emphasis on appraisement to one of lack of full information regarding questions of central planning and socialism.
--Walter Block and Kenneth M. Garschina, "Hayek, Business Cycles, and Fractional Reserve Banking: Continuing the De-Homogenization Process," Review of Austrian Economics 9, no. 1 (1996): 79.
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