This article is an attempt to demonstrate that the subjectivism of the Austrian School of Economics could be based on Husserls intersubjectivity theory. At the same time, this could be a realistic view of the hermeneutic turn already done by some of the younger members of the Austrian School. The theoretical foundations of this realistic phenomenology are based on Aquinas thought on human action, Husserls intersubjectivity, Schutzs analysis of the lifeworld (lebenswelt), and Gadamers horizons theory. This research program has consequences for Misess praxeology, Hayeks spontaneous order, and Kirzners middle ground in economics. Finally, certain consequences for contemporary epistemology of economics are briefly taken into account.
Gabriel J. Zanotti, "Intersubjectivity, Subjectivism, Social Sciences, and the Austrian School of Economics," Journal of Markets & Morality 10, no. 1 (Spring 2007): 115-141