The economics of ignorance or ignorance of economics?

Critical Review: A Journal of Politics and Society 3 (3-4):467-487 (1989)
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Abstract

THE ECONOMICS OF TIME AND IGNORANCE by Gerald P. O'Driscoll, Jr. and Mario J. Rizzo New York: Basil Blackwell, 1985. 261pp., $34.95 O'Driscoll and Rizzo, two leading exponents of the Austrian subjectivist school of economics, claim to provide an original and powerful challenge to mainstream neoclassical economics. They also argue that there is much common ground between the Austrian approach and the recent development of Post Keynesian analysis. In this essay, the validity of such claims is analyzed, and the shortcomings of the Austrian school's approach vis?à?vis Post Keynesian and neoclassical analysis is developed.

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10.1080/08913818908459577

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Citations of this work

Where did economics go wrong? Modern economics as a flight from reality.Peter J. Boettke - 1997 - Critical Review: A Journal of Politics and Society 11 (1):11-64.
Where did economics go wrong? Modern economics as a flight from reality.Peter J. Boettke - 1997 - Critical Review: A Journal of Politics and Society 11 (1):11-64.
Paul Davidson and the Austrians: Reply to Davidson.Jochen Runde - 1993 - Critical Review: A Journal of Politics and Society 7 (2-3):381-397.
After Davidson, who needs the Austrians? Reply to Davidson.David L. Prychitko - 1993 - Critical Review: A Journal of Politics and Society 7 (2-3):371-380.
Individuals and institutions.Peter J. Boettke - 1990 - Critical Review: A Journal of Politics and Society 4 (1-2):10-26.

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References found in this work

The Foundations of Statistics.Leonard J. Savage - 1954 - Wiley Publications in Statistics.

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