Where are the rebuttals to Brian Caplan’s extensive critique of Austrian economics? I realize this has been asked previously, but let’s see if we can make this the ultimate bibliography compilation. “Austrian Theorizing: Recalling the Foundations” by walter block http://mises.org/journals/qjae/pdf/…

I remember reading some of these back and forth arguments and it made me wonder if, at the Ph.D. level, do they ever change their mind over issues? Or do they simply offer their counterpoint and move on? How open minded are economists? Do they regularly concede points here, change their mind on an i…

Sure, academics often change their mind according to the way in which government funding flows. If the government’s research priorities are in one area (e.g. pro-climate change) they’ll shift their focus. The more time they’ve spent arguing a particular way, the more embarassing it is for them. It d…

Just a quick note on Bayesianism, because I know Caplan is a fan. If p(h|e) > p(h) then p(h-if-e|e) < p(h-if-e) This is important, because h entails h-if-e, but e does not entail h-if-e. Probability calculus is used as a substitute for induction, and so e is normally expected to support h as a wh…

Rebuttals to Bryan Caplan's Critique of Misesian Economics?

Economics Economics Questions

yuberries September 17, 2010, 9:32am 5

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Rebuttals to Bryan Caplan's Critique of Misesian Economics?

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