Wow, first post. Anyway, something that has always bothered me with Austrian Economics is that it is so fringe. While its true that classes are being taught at GMU and the Mises Institute keeps the writings of these great minds alive, there seems to be absolutely no talk of the Austrian Business Cy…

I found rebuttals to the ideas of at least two of those people: Caplan: http://mises.org/journals/qjae/pdf/qjae6_3_4.pdf http://mises.org/misesreview_detail.aspx?control=267 Hangover theory: [image] Who Killed the Constitution? The Fate of American Liberty from World War I to... The…

The first has been rebutted, the second is a stupid rant, the third has been rebutted and is utterly ignorant, the fourth has not addressed major problems that Austrian economists have posed for the system of its adherent. -Jon

a quick search on mises.org of ‘krugman hangover theory gave me’ [image] Mises Daily | Mises Institute [image] Mises Daily | Mises Institute [image] Mises Daily | Mises Institute …

Thanks everyone! I especially appreciate the rebuttals to Caplan, who made by far the best arguments. Jon - I know the second and third were amateurish and rantish, but there were still arguments in them that I wanted to see rebutted. More notably the Krugman article, since I expect people to quote…

Krugman’s article has been thoroughly refuted though. He misunderstands Austrian theory. Incredibly, he is an economist of global renown. As for the other, it’s long, although I’ve seen the arguments it brings up regurgitated elsewhere. They’re generally very weak, but if you want specific ones addr…

This is where I am very cynical towards attitude of “it’s better to have an opinion on ecnomics, as opposed to no opinion at all” (Alas, I mangled the original quote, & have forgotten who said it…).

Caplan’s criticism is one of the few well-reasoned critiques, but it has received a number of responses. Most of these are actually responses to a paper he wrote in the Southern Economic Journal, “The Austrian Search for Realistic Foundations”, which is very similar, so you should have no problem a…

Hot diggity! This should keep me busy for a few days… let alone that reading “list” (it looks like a library inventory!!!). Thanks! -Gendou

Sorry about that. I’ve fixed it now.

Any Rebuttals to Critiques of Austrian Economics?

Economics Economics Questions

Jon_Irenicus September 20, 2008, 12:35pm 10

Good post. FYI, the Garrison “Austrian Capital Theory” article isn’t linking properly.

-Jon

"Why I am Not an Austrian Economist"

Why I am not an Austrian Economist

Does anyone know of a response to this article?

Is David Friedman an Austrian?

Critiques on Austrian Economics

Another Critique of Austrian Economics

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Any Rebuttals to Critiques of Austrian Economics?

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