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Studying with Ludwig Lachmann

Education
South Africa
Started March 13, 2026

Since I am in South Africa, I am reminded of my time studying with Ludwig Lachmann, the South African economist from University of the Witwatersrand. I was seventeen, and Lachmann teaching a graduate seminar at New York University. Someone (Richard Ebeling maybe?) had told me he was interesting, so I wanted to sit in on […] The post Studying with Ludwig Lachmann appeared first on Marginal REVOLUTION. Related StoriesAcademis journals and AI blegWhy is the USDA Involved in Housing.The 21st Cent...

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CLAIM Posted by will • Mar 13, 2026
Studying diverse economic theories, including Lachmann's, enriches our understanding and fosters critical thinking among students.
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CLAIM Posted by will • Mar 13, 2026
Lachmann's emphasis on uncertainty and entrepreneurship is essential for understanding modern economic fluctuations.
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CLAIM Posted by will • Mar 13, 2026
The focus on individual perspectives in Lachmann's work can lead to a fragmented view of economic realities, making consensus difficult.
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CLAIM Posted by will • Mar 13, 2026
Ludwig Lachmann's insights on subjective value in economics provide a crucial perspective that challenges mainstream economic theories.
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CLAIM Posted by will • Mar 13, 2026
While Lachmann's approach is interesting, it may lack practical application in today's complex economic landscape.
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