Reflections on The economics of time and ignorance coming of age

Stephan Boehm ()

The Review of Austrian Economics, 2013, vol. 26, issue 1, 7-15

Abstract: The re-appraisal after 25 years of The Economics of Time and Ignorance by G.P. O’Driscoll and M.J. Rizzo seeks to accomplish three things: (1) to situate the beginnings of the book against the background of the “doom and gloom” scenario of economics in the late 1970s; (2) to gauge reviewers’ response on its publication; (3) to consider its impact both on Austrian economics and mainstream economics; and, finally, to speculate on its ramifications for the future of Austrian economics. Copyright Springer Science+Business Media New York 2013

Keywords: Austrian economics; Subjectivist turn; Nihilism; Ergodic axiom; Subjectivity within objectivism; Mainstream heterodoxy; A14; B25; B41; B53 (search for similar items in EconPapers)
Date: 2013
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DOI: 10.1007/s11138-012-0199-z

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