“Hayek’s view was that all the knowledge that is possible of a circumstance is a theory of the circumstance—that is, there is no such thing as pure sensation. There is, rather, a theory of sensation.”

— Alan O. Ebenstein

Hayek's Journey: The Mind of Friedrich Hayek (2003)

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Alan O. Ebenstein 47

American political scientist, educator and author 1959

Bernard Crick (1929–2008) British political theorist and democratic socialist

Source: In Defence Of Politics (Second Edition) – 1981, Chapter 2, A Defence Of Politics Against Ideology, p. 38.

“In the years after 1936, whilst Hayek was working on The Pure Theory of Capital, most economists were convinced by Keynes, whose theory had an elegance and simplicity that Hayek’s did not. Keynes’ theory lacked Hayek’s theoretical rigor in that it was not based on equilibrium (on individual rationality), and there were places in the argument where Keynes relied on loose, informal arguments, preferring to put his trust in intuition rather than formal theory. Keynesians did not solve the problems with capital theory that Hayek had identified: they just bypassed or ignored them. According to Hayek’s methodological criteria, Keynes’ theory was decidedly inferior. Against this, Keynes’ theory provided opportunities for mathematical and statistical analysis that Hayek’s did not. Indeed, though Hayek paid some attention to data, he did so only minimally: he certainly made no attempt to test his theory against statistical data. The choice of Keynesian theory was, at least in part, a methodological one.”

Roger Backhouse (economist) (1951) British economist

"Hayek on money and the business cycle", 2006

“Probability is expectation founded upon partial knowledge. A perfect acquaintance with all the circumstances affecting the occurrence of an event would change expectation into certainty, and leave neither room nor demand for a theory of probabilities.”

George Boole (1815–1864) English mathematician, philosopher and logician

Source: 1850s, An Investigation of the Laws of Thought (1854), p. 244; Cited in: Michael J. Katz (1986) Templets and the Explanation of Complex Patterns, p. 123

“When Keynes’s General Theory was published in February 1936, it obliterated all else on the scene in academic economics. Hayek was known to be working on a treatise on capital as Keynes’s work was published (the work that became The Pure Theory of Capital). While there was some anticipation in academia for this forthcoming major work, interest even by economists in Hayek’s work waned.”

Alan O. Ebenstein (1959) American political scientist, educator and author

Hayek's Journey: The Mind of Friedrich Hayek (2003)

“An aphorism can be considered a logically completed thought, accepted from the point of view of its meaning for the expression of new sensations, knowledge and meanings.”

Zafar Mirzo (1972)

“Where does that leave me? Trying, as usual, to square general truths with particular circumstances. That’s the difference between pure ethics and political theory; but it isn’t resolved by simply abandoning the tension and sliding to one end of the pole.”

Tony Judt (1948–2010) British historian

in Tony Judt: the last interview http://www.prospectmagazine.co.uk/magazine/tony-judt-interview by Peter Jukes (2010)

“This observation might be repeated with regard to all objects of the outer world which enter into relation with us. Whether the knowledge of them be of the common-place or of a scientific order matters little. Sensation is its limit, and all objects are known to us by the sensations they produce in us, and are known to us solely in this manner. A landscape is nothing but a cluster of sensations. The outward form of a body is simply sensation; and the innermost and most delicate material structure, the last visible elements of a cell, for example, are all, in so far as we observe them with the microscope, nothing but sensation.”

Alfred Binet (1857–1911) French psychologist and inventor of the first usable intelligence test

Source: The Mind and the Brain, 1907, p. 13-14

“Mainstream economics scholarship produces theory without facts ("pure theory") and facts without theory”

Michel Chossudovsky (1946) Canadian economist

"applied economics"
Source: The Globalization of Poverty and the New World Order - Second Edition - (2003), Chapter 2, Global Falsehoods, p. 27

“When making the analysis of matter we impliedly admitted two propositions: first, that sensation is the tertium quid which is interposed between the excitant of our sensory nerves and ourselves; secondly, that the aggregate of our sensations is all we can know of the outer world, so that it is correct to define this last as the collection of our present, past, and possible sensations.”

Alfred Binet (1857–1911) French psychologist and inventor of the first usable intelligence test

Source: The Mind and the Brain, 1907, p. 60; Definition of sensation

“I carefully follow your creativity expressed by your soul, trying to capture every possible emotion or sensation of yours. Your essence is pure art given as a gift to the whole world.”

Prevale (1983) Italian DJ and producer

Original: (it) Seguo con attenzione la tua creatività espressa dalla tua anima, cercando di catturarne ogni tua possibile emozione o sensazione. La tua essenza, è pura arte resa in dono al mondo intero.
Source: prevale.net

“Hayek’s view was that all the knowledge that is possible of a circumstance is a theory of the circumstance—that is, there is no such thing as pure sensation. There is, rather, a theory of sensation.”

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Alan O. Ebenstein 47

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