|Peter Boettke|

Over at ThinkMarkets, Mario Rizzo explains "What is Austrian Economics?"  He explains the origins of his classic work with O'Driscoll, The Economics of Time & Ignorance, and also explains how in the New Palgrave, he discusses "current work" in the Austrian tradition.  I think his final paragraph sums up the appropriate attitude for a researcher in the tradition: "So a viable Austrian economics must be only loosely conceived or else it will cease to function as a vehicle for the growth of knowledge."

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