The Austrian School

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Advanced Introduction to the Austrian School of Economics

Author : Randall G. Holcombe
Publisher : Edward Elgar Publishing
Page : 160 pages
File Size : 49,5 Mb
Release : 2020-07-31
Category : Business & Economics
ISBN : 9781789909647

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Advanced Introduction to the Austrian School of Economics by Randall G. Holcombe Pdf

Presenting a concise overview of the post-war decline in popularity of the Austrian school of economics and its subsequent revival in the late twentieth century, this updated second edition offers a theoretical and historical introduction to the ideas of the Austrian school and its intellectually distinguishing qualities. This Advanced Introduction considers the field’s key originators and proponents and reflects on the acceleration in interest in the last two decades.

Austrian Economics

Author : Steven Horwitz
Publisher : Cato Institute
Page : 167 pages
File Size : 46,6 Mb
Release : 2020-07-14
Category : Business & Economics
ISBN : 9781948647960

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Austrian Economics by Steven Horwitz Pdf

What if economics began with people? Choice is an essential feature of the human condition. Every time we embark on a given plan of action, big or small, we make a choice. Whereas many economists model people’s behavior using idealized assumptions, economists of the Austrian School don’t. The Austrian School of Economics takes people as they are and constructs economic theories by examining the logical structure of the choices they make. Austrian Economics: An Introduction book explains the Austrian School’s insights on a wide range of economic topics and introduces some of its key thinkers. It also explains the relationship between the Austrian School and mainstream economics and delves into the criticisms that Austrian School economists have mounted against communist and socialist economic thought.

Economics for Real People

Author : Gene Callahan
Publisher : Ludwig von Mises Institute
Page : 354 pages
File Size : 47,7 Mb
Release : 2002
Category : Austrian school of economics
ISBN : 9781610164672

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Economics for Real People by Gene Callahan Pdf

The Alternative Austrian Economics

Author : John E. King
Publisher : Edward Elgar Publishing
Page : 299 pages
File Size : 44,6 Mb
Release : 2019-12-27
Category : Business & Economics
ISBN : 9781788971515

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The Alternative Austrian Economics by John E. King Pdf

For most economists, ‘Austrian economics’ refers to a distinct school of thought, originating with Mises and Hayek and characterised by a strong commitment to free-market liberalism. This innovative book explores an alternative Austrian tradition in economics. Demonstrating how the debate on the economics of socialism began in Austria long before the 1930s, it analyses the work and impact of many leading Austrian economists through a century of Austrian socialist economics.

The Philosophy of the Austrian School

Author : Raimondo Cubeddu
Publisher : Routledge
Page : 282 pages
File Size : 40,9 Mb
Release : 2005-08-18
Category : Business & Economics
ISBN : 9781134883721

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The Philosophy of the Austrian School by Raimondo Cubeddu Pdf

The Austrian School has made some of the most significant contributions to the social sciences in recent times but attempts to understand it have remained locked in a polemical frame. In contrast, The Philosphy of the Austrian School presents a philosophically grounded account of the School's methodological, political and economic ideas. Whilst acknowledging important differences between the key figures in the School - Menger, Mises, and Hayek - Raimondo Cubeddu finds that they also have significant things in common. Paramount amongst these are theories of subjective value and notions of spontaneous order, both of which rest on theories of seminal avenues of research in the social sciences and a major reformulation of liberal ideology.

The Oxford Handbook of Austrian Economics

Author : Peter J. Boettke,Christopher J. Coyne
Publisher : Oxford Handbooks
Page : 833 pages
File Size : 48,5 Mb
Release : 2015
Category : Business & Economics
ISBN : 9780199811762

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The Oxford Handbook of Austrian Economics by Peter J. Boettke,Christopher J. Coyne Pdf

'The Oxford Handbook of Austrian Economics' provides an overview of the main methodological, analytical, and practical implications of the Austrian school of economics. This intellectual tradition in economics and political economy has a long history that dates back to Carl Menger in the late nineteenth century. The various contributions discussed in this book all reflect this 'tension' of an orthodox argumentative structure (rational choice and invisible hand) to address heterodox problem situations (uncertainty, differential knowledge, ceaseless change).

Carl Menger and the Austrian School of Economics

Author : John Hicks,Wilhelm Weber
Publisher : Oxford : Clarendon Press
Page : 256 pages
File Size : 44,6 Mb
Release : 1973
Category : Austrian school of economics
ISBN : UCAL:B4149617

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Carl Menger and the Austrian School of Economics by John Hicks,Wilhelm Weber Pdf

Papers presented at a symposium held in Vienna, June, 1971. Includes bibliographical references.

Austrian Economics in Transition

Author : H. Hagemann,T. Nishizawa,Y. Ikeda
Publisher : Springer
Page : 345 pages
File Size : 51,8 Mb
Release : 2010-05-28
Category : Business & Economics
ISBN : 9780230281615

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Austrian Economics in Transition by H. Hagemann,T. Nishizawa,Y. Ikeda Pdf

This book analyzes both the consistent and changing elements in the Austrian School of Economics since its foundation in the late 19th Century up to the recent offspring of this School. It investigates the dynamic metamorphosis of the school, mainly with reference to its contact with representatives of history of economic thought.

The Austrian School and the Theory of Value

Author : Friedrich Wieser
Publisher : Library of Alexandria
Page : 25 pages
File Size : 51,8 Mb
Release : 2020-09-28
Category : Fiction
ISBN : 9781465583314

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The Austrian School and the Theory of Value by Friedrich Wieser Pdf

The Marginal Revolutionaries

Author : Janek Wasserman
Publisher : Yale University Press
Page : 367 pages
File Size : 41,8 Mb
Release : 2019-09-24
Category : Business & Economics
ISBN : 9780300228229

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The Marginal Revolutionaries by Janek Wasserman Pdf

A group history of the Austrian School of Economics, from the coffeehouses of imperial Vienna to the modern-day Tea Party The Austrian School of Economics--a movement that has had a vast impact on economics, politics, and society, especially among the American right--is poorly understood by supporters and detractors alike. Defining themselves in opposition to the mainstream, economists such as Ludwig von Mises, Friedrich Hayek, and Joseph Schumpeter built the School's international reputation with their work on business cycles and monetary theory. Their focus on individualism--and deep antipathy toward socialism--ultimately won them a devoted audience among the upper echelons of business and government. In this collective biography, Janek Wasserman brings these figures to life, showing that in order to make sense of the Austrians and their continued influence, one must understand the backdrop against which their philosophy was formed--notably, the collapse of the Austro-Hungarian Empire and a half-century of war and exile.

Austrian Economics, Money and Finance

Author : Thomas Mayer
Publisher : Routledge
Page : 298 pages
File Size : 44,6 Mb
Release : 2017-11-10
Category : Business & Economics
ISBN : 9781351685528

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Austrian Economics, Money and Finance by Thomas Mayer Pdf

The financial crisis has exposed severe shortcomings in mainstream monetary economics and modern finance. It is surprising that these shortcomings have not led to a wider debate about the need to overhaul these theories. Instead, mainstream economists have closed ranks to defend existing theories and public authorities have expanded their interference in markets. This book investigates the problems associated with mainstream monetary economics and finance, and proposes alternatives based on the Austrian school of economics. This school emanated from the work of the nineteenth-century Austrian economist Carl Menger and was developed further by Eugen von Böhm-Bawerk, Ludwig von Mises, and Friedrich August von Hayek. In monetary economics, the Austrian school regards the creation of money by banks through credit extension as a key source of economic instability. From this follows the need for a comprehensive reform of our present monetary system. In a new monetary order, money could be issued by both public and private institutions, and there would be no need for fractional reserve banking. Instead of creating money, banks would intermediate it. In finance, the Austrian school rejects the notion of rational expectations and measurable risk. Individuals use their subjective knowledge to gather and evaluate information, and they act in a world of radical uncertainty. Hence, markets are not "efficient" nor can portfolios be built on the basis of known probability distributions of asset prices as described in the modern finance literature. This book explores the need for a new theoretical foundation for asset pricing and investment management that will give practitioners more useful orientation.

The Austrian School

Author : Jesús Huerta de Soto
Publisher : Edward Elgar Publishing
Page : 148 pages
File Size : 46,7 Mb
Release : 2008
Category : Business & Economics
ISBN : UOM:39015077658014

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The Austrian School by Jesús Huerta de Soto Pdf

Presents an exposition of the main tenets of the Austrian School of Economics. This book also explains the differences between the Austrian and the neoclassical (including the Chicago School) approaches to economics. It covers reviews of the contributions of the main Austrian economists, and analysis of the major objections to Austrian economics.

Banking and Monetary Policy from the Perspective of Austrian Economics

Author : Annette Godart-van der Kroon,Patrik Vonlanthen
Publisher : Springer
Page : 280 pages
File Size : 43,7 Mb
Release : 2018-07-23
Category : Business & Economics
ISBN : 9783319758176

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Banking and Monetary Policy from the Perspective of Austrian Economics by Annette Godart-van der Kroon,Patrik Vonlanthen Pdf

This book discusses contemporary banking and monetary policy issues from the perspective of the Austrian School of Economics. Based on the heritage of the Austrian school, leading scholars and practitioners offer a coherent diagnosis and analysis of the factors leading to Europe’s current financial crisis. The first part of the book discusses Ludwig von Mises’s and Friedrich August von Hayek’s ideas on banking and monetary policy from both historical and economic standpoints. It includes contributions on Austrian monetary dynamics and micro-foundational business cycle theory, von Mises’s concepts of liquidity and solvency of fractional-reserve banks, and liberalism of Austrian economics. The second part analyzes the measures taken by the European Central Bank (ECB) in light of the ideas of von Mises and Hayek. It includes contributions on non-neutrality of money, ECB monetary policy, and the future of the ECB. The third and final part presents discussions on monetary reforms, including contributions on Bitcoins, Cryptocurrencies and anti-deflationist Paranoia.