Thoughts On Economics: Error Built Upon Error

Friday, November 06, 2009

This inspired the picture below. Of course, I have more in soft-copy.

My Dead Tree Austrian Library

Anonymous said...: I've got to say, as an Austrian fellow traveler, that I'm quite jealous. By the way, how is "Subjectivism, intelligibility and economic understanding"? I've never seen a copy for sale, and no one has yet scanned its pages.; November 06, 2009 11:54 PM
Robert Vienneau said...: Subjectivism, Intelligibility, and Economic Understanding is a festschrift for Ludwig Lachmann. I find much in Lachmann's analysis to parallel elements in Joan Robinson's analysis. The chapters include a fair number by near-Austrians or non-Austrians (e.g., Lawrence Boland, John Hicks, Jan Kregel). I like this book enough that I occasionally reread certain chapters.; November 09, 2009 1:50 AM
Anonymous said...: What do you make of Lachmann's criticism of Joan Robinson and the Neo-Ricardians in "Macro-economic Thinking and the Market Economy"? If he truthfully represented his subjects, he seems to make some pretty piercing criticisms of them.; November 09, 2009 2:53 PM
Robert Vienneau said...: If you're going to have a conversation, you ought to at least choose a nickname.

I haven't read Lachmann's book. I see it is a short account of Cambridge Capital Controversies, and I will read it. My drawing of parallels will not be in whatever criticism of the Austrian school I might get published. Joan Robinson's important paper "History Versus Equilibrium", drawing attention to some themes I emphasize, is from 1974. Lachmann's account is from 1973.; November 10, 2009 3:12 AM

Thoughts On Economics