Volume 4, No. 1 (Spring 2001)
Though little known among the economics establishment during his lifetime, Ludwig M. Lachmann was always widely connected. The range of scholars whom he knew and with whom he communicated was truly impressive. Since his death in 1990, he has become better known, particularly among heterodox economic scholars representing a wide variety of viewpoints. His appeal to such a heterogeneous group is undoubtedly to be found in his insights regarding the nature and importance of knowledge. This is reflected in this interesting book of essays honoring his memory. The book is edited by two scholars who, while differing in their approaches to economic doctrine and policy, share an appreciation of Lachmann’s scholarship, and an appreciation of his intellectual honesty, his methodological subjectivism,and his interest in endogenous change.
