Best of the Podcast! — Israel Kirzner on the Revival of Austrian Economics
Hayek Program Podcast
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The Role of Neoclassical Theories in Austrian Economics
Gerald De Driscoll and Don LaVoy were two leading members of this group of younger Austrians. Their books explored the Misesian side of the socialist calculation debate, masterfully demonstrating how that position grows out of the Austrian rejection of purely equilibrium price theory. The core understanding of how the market economy works was common to neoclassical schools which came to constitute much of economics profession during early decades of 20th century.
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