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Ludwig Lachmann and the Distinguishing Features of the Austrian School of Economics

Summary:
Simply put, Lachmann argues we are subjectivist and we mean it.  But the implications of this radical subjectivist stance are neither nihilistic nor trivial for the science of economics.  Check out this tape recording of Lachmann. [embedded content] When you are done, head on over to check out the Mercatus reprint of Lachmann's The Market Process.

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Simply put, Lachmann argues we are subjectivist and we mean it.  But the implications of this radical subjectivist stance are neither nihilistic nor trivial for the science of economics.  Check out this tape recording of Lachmann.

When you are done, head on over to check out the Mercatus reprint of Lachmann's The Market Process.

Peter Boettke
Peter Joseph Boettke (January 3, 1960) is an American economist of the Austrian School. He is currently a University Professor of Economics and Philosophy at George Mason University; the BB&T Professor for the Study of Capitalism, Vice President for Research, and Director of the F.A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics at the Mercatus Center at GMU.

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