The Early Austrian School Of Economics

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The Early Austrian School of Economics

Author : Christopher Adair-Toteff
Publisher : Routledge
Page : 105 pages
File Size : 53,5 Mb
Release : 2022-04-03
Category : Social Science
ISBN : 9781000601381

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The Early Austrian School of Economics by Christopher Adair-Toteff Pdf

This book explores the thought of the three ‘founding’ members of the Austrian School of economics: Carl Menger, Friedrich von Wieser, and Eugen Böhm-Bawerk, considering the overlapping and specialization of their work on money, value, and capital. Offering an incisive overview of the work of three important, but often-neglected figures, the author sheds fresh light on the transition from Adam Smith’s economics and the thought of the German School, to modern economic theory, considering also the influence of the Austrian School on the work of Max Weber. As such, it will appeal to scholars with interests in the history of ideas, economic theory, political economy, and social theory.

Austrian Economics in Transition

Author : H. Hagemann,T. Nishizawa,Y. Ikeda
Publisher : Springer
Page : 345 pages
File Size : 52,5 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 Oxford Handbook of Austrian Economics

Author : Peter J. Boettke,Christopher J. Coyne
Publisher : Oxford University Press
Page : 656 pages
File Size : 42,7 Mb
Release : 2015-09-01
Category : Business & Economics
ISBN : 9780190259273

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

The 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.

Neoclassical Microeconomic Theory

Author : Anthony Endres
Publisher : Routledge
Page : 286 pages
File Size : 43,5 Mb
Release : 1997-01-02
Category : Business & Economics
ISBN : 9781134744497

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Neoclassical Microeconomic Theory by Anthony Endres Pdf

This work examines the contribution of the Austrian school to our understanding of markets as economic processes.

Explorations in Austrian Economics

Author : Roger Koppl
Publisher : Emerald Group Publishing
Page : 220 pages
File Size : 49,7 Mb
Release : 2008-11-12
Category : Business & Economics
ISBN : 9781848553316

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Explorations in Austrian Economics by Roger Koppl Pdf

Features papers presented at the inaugural Wirth Institute Conference on the Austrian School of Economics. This work explores issues in economic policy, applied economics, and pure theory from a variety of perspectives.

The Austrian School of Economics

Author : Eugen Maria Schulak,Herbert Unterköfler
Publisher : Ludwig von Mises Institute
Page : 0 pages
File Size : 51,6 Mb
Release : 2011-02
Category : Business & Economics
ISBN : 1610161343

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The Austrian School of Economics by Eugen Maria Schulak,Herbert Unterköfler Pdf

The Austrian School of Economics was founded by Carl Menger in Vienna during the last third of the nineteenth century. From that time until today, its vibrant teaching tradition has had a significant influence on the formation and further development of the modern social sciences and economics in Europe and the United States. Its research agenda was characterized by an astonishing multitude of diverse, and in some cases even contradictory, conclusions. All branches of the school shared the conviction that the subjective feelings and actions of the individual are those which drive economic activity. Based on this conviction, explanations for economic phenomena such as value, exchange, price, interest, and entrepreneurial profit were derived, and step by step expanded into a comprehensive theory of money and business cycles. Because of their subjectivist-individualistic approach, economists of the Austrian School regarded any kind of collective as unscientific in rationale. This led to fierce arguments with the Marxists, the German Historical School, and later with the promoters of planned economy and state interventionism. In the modern Austrian School of Economics, questions regarding knowledge, monetary theory, entrepreneurship, the market process, and spontaneous order placed themselves in the foreground. This book endeavors to trace the development of this multifaceted tradition, with all of its ideas, personalities, and institutions.

The Fortunes of Liberalism

Author : F. A. Hayek
Publisher : University of Chicago Press
Page : 292 pages
File Size : 53,6 Mb
Release : 2012-09-21
Category : Business & Economics
ISBN : 9780226321165

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The Fortunes of Liberalism by F. A. Hayek Pdf

From a Nobel Laureate economist, essays on classical liberalism as illustrated by the Austrian school of political economy. The Reagan and Thatcher “revolutions.” The collapse of Eastern Europe dramatically captured in the tearing down of the Berlin Wall. F. A. Hayek, “grand old man of capitalism” and founder of the classical liberal, free-market revival which ignited and inspired these world events, forcefully predicted their occurrence in writings such as The Road to Serfdom, first published in 1944. Hayek’s well-known social and political philosophy—in particular his long-held pessimistic view of the prospects of socialism, irrefutably vindicated by the collapse of the Eastern bloc—is fully grounded in the Austrian approach to economics. In this collection, Hayek traces his intellectual roots to the Austrian school, the century-old tradition founded at the University of Vienna by Carl Menger, and links it to the modern rebirth of classical liberal or libertarian thought. As Hayek reminds us, the cornerstone of modern economics—the theory of value and price—”represents a consistent continuation of the fundamental principles handed down by the Vienna school.” Here, in this first modern collection of essays on the Austrian school by one of its preeminent figures, is the genesis of this tradition and its place in intellectual history. Two hitherto unavailable memoirs, “The Economics of the 1920s as Seen from Vienna,” published here for the first time, and “The Rediscovery of Freedom: Personal Recollections,” available for the first time in English, make this collection invaluable for Hayek scholars.

Advanced Introduction to the Austrian School of Economics

Author : Randal G Holcombe
Publisher : Edward Elgar Publishing
Page : 144 pages
File Size : 42,7 Mb
Release : 2014-04-25
Category : Business & Economics
ISBN : 9781781955758

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

øElgar Advanced Introductions are stimulating and thoughtful introductions to major fields in the social sciences and law, expertly written by some of the world�s leading scholars. Designed to be accessible yet rigorous, they offer concise and lucid su

The Philosophy of the Austrian School

Author : Raimondo Cubeddu
Publisher : Routledge
Page : 336 pages
File Size : 45,6 Mb
Release : 2005-08-18
Category : Business & Economics
ISBN : 9781134883714

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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 Gold Standard

Author : Llewellyn H. Rockwell
Publisher : Ludwig von Mises Institute
Page : 165 pages
File Size : 47,7 Mb
Release : 1992
Category : Gold standard
ISBN : 9780945466116

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The Gold Standard by Llewellyn H. Rockwell Pdf

Carl Menger and the Austrian School of Economics

Author : John Hicks,Wilhelm Weber
Publisher : Oxford : Clarendon Press
Page : 256 pages
File Size : 42,6 Mb
Release : 1973
Category : Business & Economics
ISBN : STANFORD:36105035505192

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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.

The Economic Theory of the Austrian School

Author : Nicholas C. Anagnos
Publisher : Library of AUEB-Kalitsunaki
Page : 81 pages
File Size : 46,5 Mb
Release : 1965
Category : Austrian school of economics
ISBN : 8210379456XXX

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The Economic Theory of the Austrian School by Nicholas C. Anagnos Pdf

The Austrian School

Author : Jesús Huerta de Soto
Publisher : Edward Elgar Publishing
Page : 148 pages
File Size : 47,8 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.