The Austrian Tent? A Rejoinder to Gallaway and Vedder

5 Pages Posted: 28 Jul 2011

See all articles by Walter E. Block

Walter E. Block

Loyola University New Orleans - Joseph A. Butt, S.J. College of Business

William Barnett

Loyola University New Orleans

Date Written: July 27, 2011

Abstract

How do neoclassical economists reply to Austrian critiques of their work? Typically, although to be sure there are exceptions, they ignore them. 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.

Suggested Citation

Block, Walter E. and Barnett, William, The Austrian Tent? A Rejoinder to Gallaway and Vedder (July 27, 2011). Available at SSRN: https://ssrn.com/abstract=1896455 or http://dx.doi.org/10.2139/ssrn.1896455

Walter E. Block (Contact Author)

Loyola University New Orleans - Joseph A. Butt, S.J. College of Business ( email )

6363 St. Charles Avenue
Box 15, Miller 321
New Orleans, LA 70118
United States
(504) 864-7944 (Phone)
(504) 864-7970 (Fax)

William Barnett

Loyola University New Orleans ( email )

526 Pine Street
New Orleans, LA 70118
United States

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