Quarterly Journal of Austrian Economics
Author:
Anthony J. Evans
Toby Baxendale
Online Publish Date:
Volume 11, Number 2 (2008) We contribute to the debate over the contemporary relevance of the Austrian Business Cycle theory (ABC) by making three theoretical developments. First, we claim that the heterogeneous nature of entrepreneurship is the best means to respond to a Rational Expectations (RE) critique. If entrepreneurs are different then