THE AUSTRIAN TENT? A REJOINDER TO GALLAWAY AND VEDDER

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Walter Block, William Barnett II

DOI:10.22495/cocv4i3c1p6

Abstract

How do neoclassical economists reply to Austrian critiques of their work? Typically, although to be sure there are exceptions, they ignore them.1
That is, the former move mountains in an effort to avoid the arguments of the latter. Sometimes this occurs even when neoclassicals explicitly reply to Austrian
critiques. A case in point is Gallaway and Vedder (2006). Ostensibly written as a critique of Barnett and Block (2006), this “Reply” manages to ignore every substantive criticism leveled at them by their critics. Instead, it focuses on a point irrelevant to the substantive issues, but an interesting one for all that.

Keywords: Australian Business Cycle

How to cite this paper: Block, W., & Barnett II, W. (2007). The Austrian tent? A rejoinder to Gallaway and Vedder. Corporate Ownership & Control, 4(3-1), 233-234. http://dx.doi.org/10.22495/cocv4i3c1p6