Keynesian-Austrian synthesis

Lachmann goes on a bit about Popper, Keynes, and Austrianism briefly at the end of this lecture too:

http://www.youtube.com/watch?v=vvhR9XVIVmc

somewhere around the 1:09 mark

Also Jonathan sent me an article by Lachmann about Mises and Shackle; Ihaven’t really read it yet but, if anyone wants it PM me and I’ll Email it to them.

It may be helpful to see what Rothbard thought of Lachmann:

“I sound off at you on Lachmann because I’ve been appalled, since reading
some of the papers written by the [summer] fellows out here [at the
Institute for Humane Studies in Menlo Park, California] at the extent to
which Lachmannia has permeated their thinking. I am convinced that
Mises would have considered Lachmann (an institutionalist, nihilist, and
Keynesian) an “anti-economist,” and he would have been right. Lachmann
is not an Austrian at all. Back to Mises!”

Meh whateves, that comment doesn’t mean anything. I can’t comment much on the conclusions of Lachmann other than he seems very very interesting, and I think his work demands one take him very seriously, regardless of what conclusions I may agree or disagree with in the end. He certainly does not deserve to be the focus of character assassination. And he most certainly is an Austrian.

Mr Kuehn, as far as a neoclassical synthesis goes, especially on the micro level, you may want to get in touch with Paul A. Cleveland. He made the following lecture at the ASC this year.

Also, would your model utilise a representative agent(firm and consumer). I suspect you might find important characteristics such as Cantillon effects impossibly obscured by such an approach.

To go again on the Lachmann / Shackle thing:

http://socialdemocracy21stcentury.blogspot.com/search?q=lachmann