Was wondering if there are any articles/books that has info got what theories/models the austrian school believes is correct on consumption.
Additionally, are there articles which provide rebuttals against keynesian consumption theory? (surely there must be as it makes the massive assumption that consumers are short sighted.) Also are there any articles which offer austrian viewpoints on modern consumption theory i.e. life cycle and permanent income hypothesis theories (LC-PIH)
I did do a search but have to say the websites search system is not the most efficient.
Thanks,
For rebuttals to Keynes, check out W.H. Hutt's "The Keynesian Episode."
I think he has another book responding to Keynes, too, but that's the only one I own.
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David Z
"The issue is always the same, the government or the market. There is no third solution."