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« Imagination, Expectations, and Economic Calculation in an Open-ended Process | Main | SDAE Virtual Meeting for 2020 -- November 21st at 10:00am -- PLEASE Join Us »

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.

Posted by on October 20, 2020 at 02:57 PM |

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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

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