Inspired by the intellectual culture of Vienna during the early twentieth century, The Vienna Circle features discussions on contemporary research in the Austrian, Virginia, and Bloomington Schools of Political Economy. It is a project of the F. A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics at the Mercatus Center at George Mason University. To learn more about the Hayek Program, visit ppe.mercatus.org. For inquiries about republishing content from this publication, please contact fahayekppe@mercatus.gmu.edu.