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Author: Steven Horwitz
Publisher: Emerald Group Publishing
Published: 2016-05-13
Total Pages: 297
ISBN-13: 1786352737
DOWNLOAD EBOOKSeveral of the papers in Advances in Austrian Economics Volume 21 focus on the differences between the US and Canadian experiences during the early 21st century, while other contributors offer critical extensions of Austrian monetary and business cycle theory.
Author: Roger W. Garrison
Publisher: Ludwig von Mises Institute
Published: 1978
Total Pages: 45
ISBN-13: 1610162951
DOWNLOAD EBOOKAuthor:
Publisher: Ludwig von Mises Institute
Published:
Total Pages: 262
ISBN-13: 1610164989
DOWNLOAD EBOOKAuthor: Institute for Humane Studies
Publisher: Mission, Kan. : Sheed & Ward
Published: 1976
Total Pages: 260
ISBN-13:
DOWNLOAD EBOOKProceedings of a conference sponsored by the Institute for Humane Studies and held at Royalton College, South Royalton, Vt., in June 1974. Includes index. Bibliography: p. 224-227.
Author: Peter J. Boettke
Publisher:
Published: 2015
Total Pages: 833
ISBN-13: 0199811768
DOWNLOAD EBOOKThe Austrian School of Economics is an intellectual tradition in economics and political economy dating back to Carl Menger in the late-19th century. Menger stressed the subjective nature of value in the individual decision calculus. Individual choices are indeed made on the margin, but the evaluations of rank ordering of ends sought in the act of choice are subjective to individual chooser. For Menger, the economic calculus was about scarce means being deployed to pursue an individual's highest valued ends. The act of choice is guided by subjective assessments of the individual, and is open ended as the individual is constantly discovering what ends to pursue, and learning the most effective way to use the means available to satisfy those ends. This school of economic thinking spread outside of Austria to the rest of Europe and the United States in the early-20th century and continued to develop and gain followers, establishing itself as a major stream of heterodox economics. The Oxford Handbook of Austrian Economics provides an overview of this school and its theories. The various contributions discussed in this book all reflect a tension between the Austrian School's orthodox argumentative structure (rational choice and invisible hand) and its addressing of a heterodox problem situations (uncertainty, differential knowledge, ceaseless change). The Austrian economists from the founders to today seek to derive the invisible hand theorem from the rational choice postulate via institutional analysis in a persistent and consistent manner. Scholars and students working in the field of History of Economic Thought, those following heterodox approaches, and those both familiar with the Austrian School or looking to learn more will find much to learn in this comprehensive volume.
Author: University College at Buckingham
Publisher: Kansas City [Kan.] : Sheed Andrews and McMeel
Published: 1978
Total Pages: 260
ISBN-13:
DOWNLOAD EBOOKPapers presented at a symposium sponsored by the University College at Buckingham and the Institute for Humane Studies, and held at Windsor Castle Sept. 1976. Includes bibliographical references and index.
Author: Malte Faber
Publisher: Springer Science & Business Media
Published: 2013-03-14
Total Pages: 321
ISBN-13: 3642517013
DOWNLOAD EBOOKThe neglect of time in general and of the time structure of production in particular in mainstream economics led to the rebirth of the Austrian tradition in the seventies. The names of BERNHCLZ, HICKS, KIRZNER and VON WEIZSACKER are representative of different approaches. In 1979 my "Introduction to Modern Austrian Capital Theory" appeared, in which I unified various papers BERNHOLZ and I had written. I also linked our approach to those of VON NEUMANN, of HICKS and of neoclassical capital theory. These "Studies" supplement and continue my "Introduction" in various ways. With all the authors of the present volume I have cooperated for several years. This volume is subdivided into five parts. The first one, Historical Perspectives, gives first an outline on the development of Austrian capital theory from its origins to the present. Next it relates Modern Austrian Capital Theory to SRAFFA's theory and to the Austrian subjectivists' pure time preference theory of interest. The latter theory is represented in its opposition to the traditional productivity-cum-time preference explanation of interest, which is. common t9 neoclassical and BOHM-BAWERKian capital theory alike. The Austrian subjectivist pure time preference theory has been misinterpreted in its recent presentation, which has led to misunderstandings. It is shown that there is no real contradiction between the two appoaches.
Author: Bruce J. Caldwell
Publisher: Springer Science & Business Media
Published: 2012-12-06
Total Pages: 293
ISBN-13: 9401121869
DOWNLOAD EBOOKWhen we first invited the group of distinguished scholars represented here to contribute to a new volume on Austrian economics, four themes were stressed: tensions, new directions, selectivity, and criticism. In this brief introduction we will explain why those themes were emphasized and thereby shed light on our intentions and aspirations for the volume. The subtitle "Tensions and New Directions" indicates clearly the intent of the volume desired. If we take the 1871 publication of Carl Menger's Principles of Economics (Grundsiitze der Volkswirthschaftslehre) as mark ing its birth, the Austrian tradition is now well over one hundred years old. The origins of the so-called "Austrian Revival" are more difficult to pinpoint precisely, but many would accept two decades as a reasonable estimate of its lifespan. In any case, since the mid-1970s several collections of articles written by Austrians have been published. The intent of these collections appeared to be to educate, persuade, and inspire various audiences. Uninformed readers needed to be told about the specifics of the Austrian position, to be shown how it differed from and improved upon its rivals. The initiated needed to be reassured that their commitment to a novel program was justified. As such, much of the recent Austrian literature has consisted either of exegetical accounts of the views of past figures, or of critical assessments of the positions of alternative research programs in economics from an Austrian perspective.
Author: Gerald P O'Driscoll Jr
Publisher: Routledge
Published: 2014-12-05
Total Pages: 469
ISBN-13: 1317691350
DOWNLOAD EBOOKAustrian Economics Re-examined: The Economics of Time and Ignorance is an expanded version of the 1996 edition of The Economics of Time and Ignorance. This work is a classic statement of the role of subjectivism, radical uncertainty and change through real time in Austrian economics specifically, and in modern economics more generally. The new book contains the full text and Introductions of the earlier edition as well as the comprehensive previously-unpublished essay "What is Austrian Economics?" and a new Introduction. The essay is a comprehensive overview of the central themes of the book from a somewhat different perspective than in the book itself. It supplements the analysis in the book. The new Introduction explains that the 2007-8 financial crisis and recent developments in behavioural economics have made the book more relevant than ever before. Austrian Economic Re-examined develops and systematizes the fundamental principles of the Austrian tradition to the analysis of rational expectations, business cycles, monetary theory competition and monopoly, and capital theory. The Open Access version of this book, available at https://www.taylorfrancis.com/books/oa-edit/10.4324/9781315776736, has been made available under a Creative Commons Attribution-Non Commercial-No Derivatives 4.0 license.
Author: Willem Keizer
Publisher: Psychology Press
Published: 1997
Total Pages: 306
ISBN-13: 9780415140546
DOWNLOAD EBOOKThis volume demonstrates how the Austrian challenge, and the debates it inspires, can continue to benefit contemporary developments in micro- and macroeconomic theory, and can offer insights into other schools of thought.
