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Tag Archives: An Austrian Critique of Mainstream Economics

Walter Block’s An Austrian Critique of Mainstream Economics: A Critique on Epistemology

This is a talk by Walter Block on Austrian economics and its disagreements with neoclassical economics, given at the Mises Institute in Auburn, Alabama, the US, on 21 July, 2015.[embedded content]I want to focus on epistemological issues here.Let us review the epistemological problems here one by one: (1) the Austrians badly misunderstand the philosophy and epistemology of the logical positivists.For Austrians like Block the expression “logical positivism” is simply an ignorant term of abuse...

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