Clarification Concerning Austrian Influence

06/04/2003 Mises Wire W. James Antle III

I would just like to clarify one point: My comment about “ignored Austrian economists“ was not meant to convey that this school is not influential among serious academic economists, though I wish it were much more so among this Keynesian bunch. I was specifically referring to its influence among the political class. I can think of only one member of Congress - Ron Paul, of course - who has gone on record as subscribing to the Austrian theory of the business cycle. I suspect most self-described would be closer to Edmund Phelps on this question. And of course, many supply-siders have degenerated into conservative Keynesians. Posted by W. James Antle III

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Clarification Concerning Austrian Influence

06/04/2003 Mises Wire W. James Antle III

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