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To address this point I will quote from Walter Block[1]: >Just because Hazlitt has no formal credentials in economics does not render his views fallacious or s
by ancap 9y ago
To address this point I will quote from Walter Block[1]:
>Just because Hazlitt has no formal credentials in economics does not render his views fallacious or superficial. There are other highly respected economists, in the modern era, who do not have a PhD in economics: David Friedman (physics PhD), Henry Manne (law degree), Gordon Tullock (law degree). Gary Becker wrote a lot about sociology, but his PhD was in economics. Several non economists actually won Nobel Prizes in economics, several with degrees in psychology. Nobel Prize Winner Elinor Ostrom’s PhD degree was in political science, not economics. Many economists in history had no formal training in this subject. This disproves their views?
[1] http://www.economicpolicyjournal.com/2017/05/a-response-to-intellectually-abused.html http://www.economicpolicyjournal.com/2017/05/a-response-to-i...
- tptacek 9y agoHazlitt wasn't a scholar of any sort. He was a writer. He's got about as much authority on this subject as John Stossel. The irony of this citation is that we're commenting on a paper that opens by observing that the theory of minimum wages, derived in effect from economic first principles, hugely oversimplifies the empirical reality. And as support for that study.. Hazlitt.
- atemerev 9y agoIs von Mises authoritative enough for you?
- tptacek 9y agoWhat does the existence of von Mises have to do with my point?
- dragonwriter 9y agoIf I was looking for a nihil obstat certifying the work to be free from any doctrinal error with respect to Austrian-school orthodoxy, then von Mises would be perfectly authoritative.