Quarterly Journal of Austrian Economics
Author:
Jörg Guido Hülsmann
Online Publish Date:
Volume 2, No. 4 (Winter 1999) Caplan arrives at the startling conclusion that the Austrian approach, despite the efforts, is less realistic than the neoclassical approach that flourished in the age of benign neglect for realism. A discussion of these views is highly useful given the growing interest in economic realism. In this article, we