Ludwig Lachmann and the Distinguishing Features of the Austrian School of Economics

|Peter Boettke|

Simply put, Lachmann argues we are subjectivist and we mean it.  But the implications of this radical subjectivist stance are neither nihilistic nor trivial for the science of economics.  Check out this tape recording of Lachmann.

When you are done, head on over to check out the Mercatus reprint of Lachmann's The Market Process.