- Davidson, Paul (1989). "The Economics of Ignorance or Ignorance of Economics?", Critical Review, V. 3: 467-487
- Kregel, Jan (1986). "Conceptions of Equilibrium: The Logic of Choice and the Logic of Production", in Subjectivism, Intelligibility, and Economic Understanding: Essays in Honor of Ludwig M. Lachmann on his Eightieth Birthday (edited by Israel M. Kirzner), New York University Press
"Ignorance of Economics?"
critiqued the capital-theoretic basis of Austrian business cycle theory. I draw upon Sraffianism in my critique. I might as well point out that Post Keynesians have argued elsewhere against some aspects of the Austrian school of economics with another rationale. I refer to critiques that argue some Austrians do not take uncertainty and historical time seriously. I think the following Davidson article has been referenced more frequently than the following Kregel article:
I have
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment