Austrian Theorizing: Recalling the Foundations


It is a pleasure to reply to Caplan’s (1999) critique of Austrian economics. Unlike other such recent reactions1 this one shows evidence of great familiarity with the Austrian (praxeological) literature, and a deep interest in its analytical foundations. Thus, Caplan correctly identifies the works of Ludwig von Mises and Murray N. Rothbard as the core of… (More)