Advances in Austrian Economics
What is so Austrian about Austrian Economics?
Emerald Group Publishing Limited
Volume
14
ISBN electronic:
978-0-85724-262-4
ISBN print:
978-0-85724-261-7
Series ISSN:
1529-2134
Publication date:
2010
Book Chapter
Why Austrians should quit worrying and learn to love the lab
Ryan Oprea
Benjamin Powell
© Emerald Group Publishing Limited
2010
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Published:2010
Citation
Ryan Oprea, Benjamin Powell, 2010. "Why Austrians should quit worrying and learn to love the lab", What is so Austrian about Austrian Economics?, Roger Koppl, Steven Horwitz, Pierre Desrochers
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© Emerald Group Publishing Limited
2010
Experimental economics has been treated with skepticism by some Austrian economists. We argue that experimental methods are consistent with strong versions of praxeology, and are therefore not methodologically problematic for Austrians. We further argue that experimental research methods have illustrated many uniquely Austrian themes and provide a fruitful method for future Austrian-inspired research.
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