Some Links
Tweet Brian Albrecht combines “theory and empirics around market dynamics.” Two slices: In a recent post reflecting on Austrian economics, Bryan Caplan mentioned that around 2000, he “discovered that John Haltiwanger, a very mainstream economist, had a pile of empirical evidence vindicating the importance of Schumpeterian creative destruction” and wished more Austrians would engage with this empirical work. I couldn’t agree more because this empirical work helps us understand and measure the competitive process. ….. Speaking of Schumpeter—while […]