Ludwig Lachmann's Peculiar Status within Austrian Economics

Originally published in Review of Austrian Economics

Lachmann occupies a strange position within modern Austrian economics. He is viewed as something of an outsider and his views are often regarded as outside the mainline of modern Austrian thought. But, on several key issues – especially subjectivism and institutions – Lachmann’s positions are the dominant positions within the school. This article argues that, with little fanfare but in several important respects, Austrian economics has moved in a decidedly Lachmannian direction.

Additional details

Find the article online at SpringerLink.

To speak with a scholar or learn more on this topic, visit our contact page.

Mercatus AI Assistant
Ask questions about this research.
GPT Logo
Mercatus AI Research Assistant
Ask questions about this research. Mercatus Chatbot AI More Details
Suggested Prompts:
Ask us anything. We use OpenAI's ChatGPT 4o base model to answer any question about Mercatus research.