Why Austrians Should Quit Worrying and Learn to Love the Lab

Experimental economics has been treated with skepticism by some Austrian economists. This paper argues that experimental methods are consistent with strong versions of praxeology, and are therefore not methodologically problematic for Austrians. It then further argues that experimental research methods have illustrated many uniquely Austrian themes and provide a fruitful method for future Austrian-inspired research.

Find article at Emerald Insight.