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ABSTRACT. Two professors, both economists and libertarians, debate on the issues of libertarianism and Austrian economics. The discussion ranges widely over Keynesianism, monetarism, business cycles, Paul Krugman, Milton Friedman, sticky wages, drug laws, immigration restrictions, gay marriage and abortion. pp. 11–20
JEL codes: A1; A19; B29

Keywords: libertarianism; Austrian economics; Keynesianism; monetarism

How to cite: Cochrane, John H., and Walter E. Block (2016), “John Cochrane versus Walter E. Block: Debate on Austrian Economics and Libertarianism,” Economics, Management, and Financial Markets 11(1): 11–20.

Received 1 February 2015 • Received in revised form 9 December 2015
Accepted 9 December 2015 • Available online 25 December 2015

JOHN H. COCHRANE
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Booth School of Business,
The University of Chicago
WALTER E. BLOCK
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Joseph A. Butt, S.J. College of Business,
Loyola University New Orleans

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