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The Neoclassicists vs. The Austrians: A Partial Reconciliation of Competing World Views

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Part of the book series: Kluwer Nijhoff Studies in Human Issues ((KNSHS))

Abstract

Economists of the neoclassical-Chicago and Austrian schools of thought are usually vociferous defenders of individual freedom, critics of government, developers of market economics, and believers in rational discourse as a means of seeking solutions to observed social concerns. However, instead of claiming intellectual kinship based on shared values and theoretical premises, members of both schools frequently dismiss (in private) one another as muddleheaded or even perverse in their theoretical attachments.

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Notes

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© 1983 Kluwer Nijhoff Publishing

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McKenzie, R.B. (1983). The Neoclassicists vs. The Austrians: A Partial Reconciliation of Competing World Views. In: The Limits of Economic Science. Kluwer Nijhoff Studies in Human Issues. Springer, Dordrecht. https://doi.org/10.1007/978-94-009-7421-0_4

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  • DOI: https://doi.org/10.1007/978-94-009-7421-0_4

  • Publisher Name: Springer, Dordrecht

  • Print ISBN: 978-94-009-7423-4

  • Online ISBN: 978-94-009-7421-0

  • eBook Packages: Springer Book Archive

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