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On Laidler regarding the Austrian business cycle theory

Author

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  • Walter Block
  • William Barnett II

Abstract

The authors welcome criticisms emanating from neoclassical critics of Austrian economics. We congratulate Laidler for transcending the usual modes of macroeconomic analysis to take on praxeological considerations. This paper should be interpreted as a welcome for his efforts in the hope that they will be widely emulated within the profession. Copyright Springer Science+Business Media, LLC 2007

Suggested Citation

  • Walter Block & William Barnett II, 2007. "On Laidler regarding the Austrian business cycle theory," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 20(1), pages 43-61, March.
    • Handle: RePEc:kap:revaec:v:20:y:2007:i:1:p:43-61
    DOI: 10.1007/s11138-006-0004-y
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    References listed on IDEAS

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    1. Milton Friedman & Anna J. Schwartz, 1965. "The Great Contraction, 1929–33," NBER Books, National Bureau of Economic Research, Inc, number frie65-1.
    2. David Laidler, 2003. "The Price Level, Relative Prices, and Economic Stability: Aspects of the Inter-War Debate," University of Western Ontario, Departmental Research Report Series 200310, University of Western Ontario, Department of Economics.
    3. Lord Robbins, 1971. "Autobiography of an Economist," Palgrave Macmillan Books, Palgrave Macmillan, number 978-1-349-01164-3, December.
    4. Wagner, Richard E, 1999. "Austrian Cycle Theory: Saving the Wheat While Discarding the Chaff," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 12(1), pages 65-80.
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    Cited by:

    1. Maciej Albinowski, 2022. "The role of fractional-reserve banking in amplifying credit booms: Evidence from panel data," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 35(1), pages 63-88, March.

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