Ludwig Lachmann: A subjectivist institutionalist, but not a nihilist
The legacy of Ludwig Lachmann within the Austrian School of Economics is subject to several interpretations in the literature: though he clearly considered himself a member of the school and he influenced many Austrian economists, his particular methodological claims prompted Murray Rothbard to disa...
Saved in:
| Main Author: | |
|---|---|
| Format: | Article |
| Language: | deu |
| Published: |
Copernicus Center Press
2024-12-01
|
| Series: | Zagadnienia Filozoficzne w Nauce |
| Subjects: | |
| Online Access: | https://zfn.edu.pl/index.php/zfn/article/view/674 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| _version_ | 1850033001621094400 |
|---|---|
| author | Krzysztof Turowski |
| author_facet | Krzysztof Turowski |
| author_sort | Krzysztof Turowski |
| collection | DOAJ |
| description | The legacy of Ludwig Lachmann within the Austrian School of Economics is subject to several interpretations in the literature: though he clearly considered himself a member of the school and he influenced many Austrian economists, his particular methodological claims prompted Murray Rothbard to disavow him as a nihilist.
In this article, we defend Lachmann by arguing that in order to defend his methodological stance he invoked extra-Austrian influences (Max Weber, G.L.S. Shackle). This way, he championed subjectivist institutionalism consistently both in theory and in practice. His approach leaves a peculiar, unorthodox, yet positive legacy for contemporary Austrian economics, not so far from the orthodox Misesian stance as it is broadly understood. |
| format | Article |
| id | doaj-art-6c0ed25e6d1c4282973cd81142b047dd |
| institution | DOAJ |
| issn | 0867-8286 2451-0602 |
| language | deu |
| publishDate | 2024-12-01 |
| publisher | Copernicus Center Press |
| record_format | Article |
| series | Zagadnienia Filozoficzne w Nauce |
| spelling | doaj-art-6c0ed25e6d1c4282973cd81142b047dd2025-08-20T02:58:23ZdeuCopernicus Center PressZagadnienia Filozoficzne w Nauce0867-82862451-06022024-12-017620525610.59203/zfn.76.674622Ludwig Lachmann: A subjectivist institutionalist, but not a nihilistKrzysztof Turowski0Jagiellonian UniversityThe legacy of Ludwig Lachmann within the Austrian School of Economics is subject to several interpretations in the literature: though he clearly considered himself a member of the school and he influenced many Austrian economists, his particular methodological claims prompted Murray Rothbard to disavow him as a nihilist. In this article, we defend Lachmann by arguing that in order to defend his methodological stance he invoked extra-Austrian influences (Max Weber, G.L.S. Shackle). This way, he championed subjectivist institutionalism consistently both in theory and in practice. His approach leaves a peculiar, unorthodox, yet positive legacy for contemporary Austrian economics, not so far from the orthodox Misesian stance as it is broadly understood.https://zfn.edu.pl/index.php/zfn/article/view/674subjectivisminstitutionalismmethodology of economicsfinancial marketsaustrian school of economicsludwig lachmann |
| spellingShingle | Krzysztof Turowski Ludwig Lachmann: A subjectivist institutionalist, but not a nihilist Zagadnienia Filozoficzne w Nauce subjectivism institutionalism methodology of economics financial markets austrian school of economics ludwig lachmann |
| title | Ludwig Lachmann: A subjectivist institutionalist, but not a nihilist |
| title_full | Ludwig Lachmann: A subjectivist institutionalist, but not a nihilist |
| title_fullStr | Ludwig Lachmann: A subjectivist institutionalist, but not a nihilist |
| title_full_unstemmed | Ludwig Lachmann: A subjectivist institutionalist, but not a nihilist |
| title_short | Ludwig Lachmann: A subjectivist institutionalist, but not a nihilist |
| title_sort | ludwig lachmann a subjectivist institutionalist but not a nihilist |
| topic | subjectivism institutionalism methodology of economics financial markets austrian school of economics ludwig lachmann |
| url | https://zfn.edu.pl/index.php/zfn/article/view/674 |
| work_keys_str_mv | AT krzysztofturowski ludwiglachmannasubjectivistinstitutionalistbutnotanihilist |