ABSTRACT
In the course of the preceding chapters I have made reference to the fact that there has been one exceptional group of economists who have not been involved in a methodological inconsistency between their precepts and practice. This group, known as the Austrian School, has consistently argued that the human sciences and economics in particular should adopt a subjectivist-interpretive methodology. In this chapter I propose to examine the position espoused by this exceptional school of mainstream economists and to see why it has had such a limited influence on the rest of the mainstream despite the accuracy of its characterization of the practice of economic science.
