Jeff Herbener joins me to respond to an article making the rounds these days claiming that Austrian criticisms of mainstream economics are either uninformed or simply fall flat. By the end of this episode, it’s this critic who’s flat.

About the Guest

Jeffrey M. Herbener is chairman of the department of economics at Grove City College and associate editor of the Quarterly Journal of Austrian Economics. He has also produced economics courses for Liberty Classroom.

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Articles Discussed

“5 Reasons Why Austrian Economics Is Better Than the Mainstream”
“Austrians Are Wrong, Again”
“The Unofficial List of Pundits/Experts Who Were Wrong on the Housing Bubble”
“Tyler Cowen Accidentally Confirms Austrian Business Cycle Theory”

Previous Appearances

Ep. 664 How the Fed Screwed Up Before and During the Great Depression
Ep. 529 Leftist Site Attacks Gold Standard; Here’s Our Smackdown (Joe Salerno and Jeff Herbener)
Ep. 527 Is Austrian Economics Unscientific Because It Doesn’t Conduct Experiments?
Ep. 513 Can We Decide on a Main Problem with Socialism? Also: Why the Austrians Are Right About Monopoly
Ep. 488 Welfare Economics: Rothbard Was Right
Ep. 456 Monopoly Is Everywhere, Say Mainstream Economists; Austrians Roll Eyes
Ep. 403 Austrian Microeconomics: Where the Critics Go Wrong
Ep. 269 End the Fed, Then What?
Ep. 257 Austrian Economics vs. a Mainstream Text
Ep. 172 The Fallacies of GDP
Ep. 130 The Fallacies of ‘Public Goods’

Listener Website Mentioned

LCKeagy.com

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Enjoy the Tom Woods Show? You’ll love my once-a-week podcast with Bob Murphy, Contra Krugman!

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