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Journal of Economic Perspectives: Vol. 11 No. 4 (Fall 1997)
JEP Volume. 11, Issue 4 | 
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Austrian Economics, Neoclassicism, and the Market Test
Article Citation
Yeager, Leland B. 1997. "Austrian Economics, Neoclassicism, and the Market Test."
Journal of Economic Perspectives,
11(4): 153-165.
DOI: 10.1257/jep.11.4.153
DOI: 10.1257/jep.11.4.153
Abstract
Professor Sherwin Rosen correctly suggests that the Austrian and neoclassical schools can be complementary, each accepting much from the other. However his recognition of Austrian strengths needs to be amplified and his criticisms need softening. His appeal to the market test risks encouraging anti-intellectual attitudes and practices
Article Full-Text Access
Full-text Article (Complimentary)
Authors
Yeager, Leland B. (Auburn U)
JEL Classifications
B41: Economic Methodology
D40: Market Structure and Pricing: General
D40: Market Structure and Pricing: General
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