Master_Pedant wrote:
The guy probably should've done something like "Rothbardians, Miseans, Hayekians" and lump them all into a box named "Austrians"and then show the box partially within and partially outside mainstream economics.
Not really.
Those three figures are all clearly Austrian. They all believed in ABCT, and the related frameworks.
The issue is that not all libertarians do that. So, Bryan Caplan is put in the neoclassical libertarian category in the blog post, but he couldn't really fit as an Austrian as he's explicitly disavowed Austrian economics and has been critical towards the ABCT, and only a very very broad brush could ever put Caplan in that category.
Not only that, but none of those figures are really in mainstream economics. Hayek is the closest in that he maintains the legitimacy of mainstream economic frameworks in their narrowly defined domains, but he just considers these frameworks pointless in that they miss the larger picture, however, it isn't as if the mainstream really accepts Hayek much, save a few inspirational writings of his.
16 Apr 2012, 12:59 pm
