Hey, my statist friend sent me this link: http://economics.gmu.edu/bcaplan/whyaust.htm Some of it is a bit over my head, I was wondering if anyone here has read this or could comment on the criticisms he makes, spefically in reference to the Austrian Business Cycle Theory as that it the area I am m…

A few years ago I replied to this paper of Caplan’s, t he focus of which was his criticism of the ABCT. Edited to fix a broken link: here is the link .

It says access denied :frowning:

Did you send him your paper? Did he ever respond? It is well written and in the Austrian praxeologic tradition. Props.

Thanks - no I never bothered to send it to him… but it has been fairly well-received by the forum ppl here (I just re-read it today and noticed some spelling & grammar errors.)

Awesome, thanks for the link. I will check this out now.

Well, what I cant understand is why one can be a mainstream economist when the mainstream loves Paul Samuelson, a guy responsible for extremely moronic stuff. A quick read on him shows some interesting stuff: 1 - He said that with the end of World War 2 the economy would collapse. Because killing a…

Bryan Caplan Assistant Professor Department of Economics George Mason University I thought Mason was supposed to be one of the few Austrian schools?

It’s not really an “Austrian school”, although it is one of few schools where one can do graduate studies in Austrian economics (I think WVU, Suffolk, Rey Juan Carlos would be other places). More importantly is the fact that Caplan isn’t a normal neoclassical economist, if you read his works there …

NB: The other guy was William Philips. He is largely credited with coming up with the Philips Curve. Samuelson and Solow popularized it. more info via EconLib , along with summary of Friedman’s objection: Both Friedman and Phelps argued that the government could not permanently trade higher inflat…

Why I am not an Austrian Economist

Economics Economics Questions

NewLiberty October 14, 2009, 7:47pm 13

See this thread for paper trail of rebuttals and back-forth with Caplan and the Austrians.

https://forum.freecapitalists.org/t/any-rebuttals-to-critiques-of-austrian-economics/2653/10

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Why I Am Not An Austrian Economist by Brian Caplan Economics Questions economics , austrian-method , economic-education , economic , keynesian	29	14767	July 1, 2011
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Why I am not an Austrian Economist

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