Once again, Bob Murphy explains why Paul Krugman’s criticisms of Austrian Business Cycle theory are a bust.
"Austro" as in Rothbard and Wittgenstein, "Athenian" as in Aristotle and smashing-the-plutocracy.
About Roderick T. Long
The Empirical Me
I’m Roderick T. Long, Professor of Philosophy at Auburn University. I’m an Aristotelean/Wittgensteinian in philosophy and a left-libertarian market anarchist in social theory. (More about me here.) This blog, Austro-Athenian Empire, is a continuation of my earlier blog, archived here.
Speaking of public intellectuals getting it wrong, I spent much of the last week looking into the ways atheism is portrayed in the public. I spent some time on Richard Dawkins’s website and stumbled upon a bit of Spencer defamation. Obviously I think Dawkins understands his field better than Krugman understands economics, but it was disturbing to see a respected intellectual and expert on Charles Darwin get something so wrong either due to laziness or taking for granted the idea of Spencer as “social Darwinist.”
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