Deepak Lal, whose writings on development echo many of the themes championed by Bauer, addressed the question of Bauer’s standing among development economists in his contribution to a 1987 issue of the Cato Journal devoted to Bauer’s work. Attributing Bauer’s marginalization to a conflict between the “Weltanschaung” of Austrian economics, with which Bauer’s work is identified, and that of mainstream economics, Lal laments the methodological narrowness of the latter, which proceeds from “an epistemologically unsound positivist view of economics as a science” and leads many to dismiss the work of figures, like Bauer, who fail to express their findings within the field’s dominant rhetoric of mathematics.

Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin, loc. 1772