Quarterly Journal of Austrian Economics

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Gallaway and Vedder on Stabilization Policy

The Quarterly Journal of Austrian Economics

Tags Production Theory

07/30/2014William Barnett IIWalter Block

 

Volume 9, No. 1 (Spring 2006)

 

What sets Austrians apart from mainstream economists is methodology and consequent analyses. The first section contains an analysis of their methods, which are found wanting. Although G&V “tip their hats” to Austrian economics, in section two, “Incompatibility with Austrian Economics,” we challenge their claim that their analysis is compatible therewith. In the conclusion we make some final statements.

 

Authors:

Contact William Barnett II

Bill Barnett is professor of economics at Loyola University in New Orleans.

Contact Walter Block

Walter Block is the Harold E. Wirth Eminent Scholar Endowed Chair in Economics at Loyola University, senior fellow of the Mises Institute, and regular columnist for LewRockwell.com.

Click here to see an extensive online compendium of Dr. Block's publications.

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Cite This Article

Barnett, William II and Walter Block. "Gallaway and Vedder on Stabilization Policy." The Quarterly Journal of Austrian Economics 9, No. 1 (Spring 2006): 57–81.