|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.
Thanks! I most appreciated Lachmann's writings on the importance of the stock market. Very insightful! Has anyone advanced that work since Lachmann?
Posted by: Roger McKinney | December 07, 2020 at 10:59 AM