Back in April our friend Lorenzo did a interesting post on Austrian theory. That has now triggered a response from Steve Horwitz who defends the Austrian position. It is excellent stuff. It is a debate between two clever debaters and I have very strong sympathies for both gentlemen. However, I don’t have time today to go through the entire debate, but I will strongly recommend to my readers to take a look at this very interesting debate.
Lorenzo: About Austrian Economics
Steve’s response: Thoughts on Lorenzo on Austrian Economics
Lorenzo’s feedback to Steve: Response to Dr. Horwitz’s thoughts
Again, this is excellent stuff. Read it! We can all become more clever by debates like this. Thanks guys.