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Subject:
From:
[log in to unmask] (Bruce Caldwell)
Date:
Tue Oct 10 13:52:26 2006
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John Womack wrote: Re Caldwell's good point about "The Socialist   
Blueprint," does this dispute not go back farther directly to the debate   
on "socialist calculation," at least once the Austrians got into it in the   
1920s?  
  
Caldwell replies:  
Or perhaps even farther than that. Schumpeter ruffled many Austrian   
feathers with his 1908 book _Wesen_, where he argued that the Walrasian   
general equilibium approach was the best example of a scientific approach   
to economics, thereby choosing Walras over Menger. I apologize for the   
self-promotion, but I discuss this episode in my book _Hayek's Challenge_   
in a section in chapter 5 entitled "The Multiple Apostacies of Joseph   
Schumpeter."   
  
Bruce Caldwell  

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