This paper is offered on his 70th birthday to Professor Terence W. Hutchison. All economists who care for origin and history of the ideas they espouse or oppose stand in his debt. His contributions to the methodology of economics have been many, and some of them have brought him fame.
The choice of our subject seems appropriate to the occasion. He has always taken a friendly interest in the work of the Austrian school of economics. His contribution to the Menger Centenary in 1971 is rightly remembered.
In his writings he has held up a mirror to the Austrians. Some of them have found encouragement in his appreciation of their work. Others have gained from his comments in other ways. Even those who found their faces distorted in the mirror drew some benefit from it. For even a mirror set at an angle which hurts our sensitivity is better than no mirror. None of us can do without one.
In recent years many economists, of all schools of thought, chastised by their experience, have come to take a new interest in the history and methodology of their discipline. Let us hope that for many years to come they will be able to read and enjoy the writings of one whose seminal thought has been an inspiration to so many of us.
The 1930s were a tragic decade for many Austrians, economists and others, but the body of thought we have come to know as Austrian Economics suffered a fate all its own in it. Political