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The Development of Austrian Economics: Revisiting the Neoclassical Divide

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  • Lewin, Peter

Abstract

Recent developments in Austrian-market-process economics are discussed, and, despite the continuing difficulties of communicating with mainstream economics, some causes for optimism are discerned. Looking to a useful future for Austrian economics will require that further empirical work in applying its insights be done. The question of placing the burden of proof in policy discussions is examined. Copyright 2001 by Kluwer Academic Publishers

Suggested Citation

  • Lewin, Peter, 2001. "The Development of Austrian Economics: Revisiting the Neoclassical Divide," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 14(4), pages 239-250, December.
  • Handle: RePEc:kap:revaec:v:14:y:2001:i:4:p:239-50
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    Cited by:

    1. J. Subrick & Andrew Young, 2010. "Nobelity and novelty: Finn Kydland and Edward Prescott’s contributions viewed from Vienna," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 23(1), pages 35-53, March.
    2. William A. Jackson, 2018. "Strategic Pluralism and Monism in Heterodox Economics," Review of Radical Political Economics, Union for Radical Political Economics, vol. 50(2), pages 237-251, June.
    3. R. Koppl, 2006. "Austrian economics at the cutting edge," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 19(4), pages 231-241, December.
    4. Leonid Krasnozhon & John Levendis, 2015. "Mises and prediction markets: Can markets forecast?," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 28(1), pages 41-52, March.

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