- 1978
Capital and Its Structure
Ludwig M. Lachmann · 22 sectionsLudwig M. Lachmann, Capital and Its Structure The file contains the 1978 reissue of Lachmann’s 1956 seven-chapter theoretical monograph on capital theory...
- 1940A Reconsideration of the Austrian Theory of Industrial Fluctuations
A Reconsideration of the Austrian Theory of Industrial Fluctuations
Ludwig M. Lachmann · 8 sectionsLudwig M. Lachmann, A Reconsideration of the Austrian Theory of Industrial Fluctuations (1940) Lachmann’s article is a reconstruction of Austrian cycle theory after Keynes and after the first reception of Hayek...
- 1943The Role of Expectations in Economics as a Social Science
The Role of Expectations in Economics as a Social Science
Ludwig M. Lachmann · 5 sectionsLudwig M. Lachmann’s “The Role of Expectations in Economics as a Social Science” is a single 1943 theoretical article. Its scope is methodological and dynamic: how can expectations enter economics when action is future-o...
- 1951The Science of Human Action
The Science of Human Action
Ludwig M. Lachmann · 8 sectionsLudwig M. Lachmann, “The Science of Human Action” (1951) Lachmann’s essay is an extended review of Mises’s Human Action, but it is also a methodological interpretation of Austrian economics after Weber, Menger, and Hayek...
- 1956The Market Economy and the Distribution of Wealth
The Market Economy and the Distribution of Wealth
Ludwig M. Lachmann · 8 sectionsSummary This file is a single theoretical essay in political economy. Reprinted from a Mises festschrift, it addresses a postwar concession made even by some friends of markets: that market allocation may be efficient, b...
- 1958Mrs. Robinson on the Accumulation of Capital
Mrs. Robinson on the Accumulation of Capital
Ludwig M. Lachmann · 6 sectionsThis file is a single-author 1958 scholarly review essay: Ludwig M. Lachmann’s critical appraisal of Joan Robinson’s The Accumulation of Capital...
- 1959Professor Shackle on the Economic Significance of Time
Professor Shackle on the Economic Significance of Time
Ludwig M. Lachmann · 5 sectionsProfessor Shackle on the Economic Significance of Time — Summary Ludwig M. Lachmann’s 1959 essay reviews G. L. S. Shackle’s Time in Economics as a major contribution to subjectivist methodology...
- 1963Cultivated Growth and the Market Economy
Cultivated Growth and the Market Economy
Ludwig M. Lachmann · 5 sectionsLudwig M. Lachmann’s “Cultivated Growth and the Market Economy” is a presidential address devoted less to policy advocacy than to conceptual clarification...
- 1966Die geistesgeschichtliche Bedeutung der österreichischen Schule in der Volkswirtschaftslehre
Die geistesgeschichtliche Bedeutung der österreichischen Schule in der Volkswirtschaftslehre
Ludwig M. Lachmann · 7 sectionsLachmann — Die geistesgeschichtliche Bedeutung der österreichischen Schule Lachmann’s 1966 essay redefines the Austrian school’s place in the history of economic thought...
- 1966Model Constructions and the Market Economy
Model Constructions and the Market Economy
Ludwig M. Lachmann · 4 sectionsLachmann’s 1966 essay is a methodological defense of the market economy as a process of meaningful action, not a closed system of formal relations...
- 1966Sir John Hicks on Capital and Growth
Sir John Hicks on Capital and Growth
Ludwig M. Lachmann · 6 sectionsLachmann’s “Sir John Hicks on Capital and Growth” is formally a review of Hicks’s Capital and Growth, but it develops into a critique of equilibrium growth theory...
- 1969Methodological Individualism and the Market Economy
Methodological Individualism and the Market Economy
Ludwig M. Lachmann · 5 sectionsMethodological Individualism and the Market Economy — Summary Ludwig M. Lachmann’s “Methodological Individualism and the Market Economy” is a single theoretical essay in four sections...